Ripple President Dismisses IPO Speculations During Paris Blockchain Week
Cryptocurrency News/Finance

Ripple President Dismisses IPO Speculations During Paris Blockchain Week

During the Paris Blockchain Week 2025, Ripple's President provided insights on business growth and regulatory developments while dismissing talks of an upcoming IPO.

During the Paris Blockchain Week 2025, Ripple’s President, Monica Long, announced acquisitions and shared insights on regulations and legislation impacting the crypto market in both the US and Europe.

On April 8, 2025, when asked about a possible Initial Public Offering (IPO) for Ripple, Long stated:

“I believe our CEO, Brad Garlinghouse, has indicated that we possess a strong and healthy balance sheet. We are actively engaged in mergers and acquisitions.”

Long emphasized that an IPO would be more applicable for firms seeking liquidity, which is not currently a constraint for Ripple:

“We prefer to concentrate on expanding our business as a private entity.”

Additionally, Long discussed regulatory advancements in the US, saying:

“I think we are finding the right balance globally. There’s healthy tension, and we must implement some rules to see what adjustments are necessary.”

She highlighted the progress of crypto legislation in the US, stating that:

“The engagement from banks transformed dramatically after the recent elections.”

Moreover, Long described the positive impact of the recent changes in accounting regulations on banks holding crypto, underscoring continued business growth. On Europe’s advancements, she mentioned:

“In Europe, our custody services are flourishing, and working with major banks like BBVA has been fruitful. The MiCA regulations facilitating collaboration among 27 EU countries have been advantageous.”

Key Takeaways

  • Ripple sees a more encouraging regulatory environment in the US.
  • Both the presidency and Congress are adopting a friendlier stance toward crypto.
  • Current proposals for stablecoin regulations emphasize consumer protection through transparent backing and reserve audits.
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