Ripple again rules out IPO, saying balance sheet gives it room to stay private

Core Viewpoint - Ripple has no plans for an initial public offering (IPO) and intends to remain private while focusing on acquisitions and product development [1] Group 1: Company Strategy - The company is well-positioned to fund its growth internally without needing public market access [1] - Ripple completed four acquisitions in 2025, totaling nearly $4 billion, to enhance its enterprise digital asset infrastructure [4] - The company aims to create products that integrate stablecoins, tokenized assets, and crypto rails into traditional finance workflows [6] Group 2: Financial Performance - Ripple raised $500 million in November 2025 at a valuation of $40 billion, with participation from notable investors [2] - As of last November, Ripple Payments processed over $95 billion in total volume, indicating strong operational performance [5] Group 3: Investor Relations - The terms of the recent funding round were described as "very positive" for Ripple, including investor protections such as the right to sell shares back at a guaranteed price [3]