Crypto

Ripple CEO: "There's no need for an IPO at this point"

2025/04/26 09:54 (Updated 2025/04/27 05:00)
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Written by K.Kobayashi
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Ripple CEO: "There's no need for an IPO at this point"
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Table of Contents

  1. Planning an IPO

Planning an IPO

Ripple President Monica Long appeared on CNBC on the 25th and said that the company currently has no plans to do an IPO.

She explained that the company has billions of dollars in cash on its balance sheet and has a lot of liquidity. She said that the company's finances are in a healthy state and that it will focus on growing its business through acquisitions and other means.

What is an IPO?

It stands for "Initial Public Offering." It refers to a company listing on the stock market and selling shares to general investors.

Recently, financial markets have been heavily affected by the tariff measures of the Trump administration, and there are no plans for an IPO...

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Iolite Vol.13

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MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.