Ripple: XRP Trades in Range: Ripple President Confirms It Will Not Go Public in 2025

After years of speculation, Ripple has confirmed that it will not go public in 2025. The company behind XRP has opted for a different path. In an interview with CNBC, Ripple's President, Monica Long, explained that an IPO is not part of the company's plans. She noted that Ripple is financially strong, holding billions in cash.Meanwhile, the XRPUSD H1 chart indicates that the price is stuck within a horizontal range. Traders should wait for a breakout to determine the next direction.The IPO Talk Has Been Around for YearsLong stated that companies typically go public to raise capital or increase visibility, but Ripple does not need either at this stage, as reported by Coinpedia. CEO Brad Garlinghouse supported this view, confirming that Ripple does not seek outside funding or plan to become a publicly traded company in the near future.RIPPLE'S MONICA LONG JUST LIT UP CNBC WITH MASSIVE UPDATES.We have extracted every key quote you need to see from her interview - broken down for you: On XRP: "XRP serves a couple different roles... within the blockchain, the XRP Ledger, it's the native asset, so you... pic.twitter.com/QGkcPHM6fB- All Things XRP (@XRP_investing) April 25, 2025The possibility of Ripple going public has been discussed for several years. In 2022, Garlinghouse indicated that an IPO would be considered once Ripple's legal issues with the SEC were resolved. Following the legal resolution in late 2023, Garlinghouse reiterated that going public is not a priority for Ripple.Ripple's Valuation Has ShiftedEarlier this year, Ripple repurchased shares at a valuation of $11.3 billion, down from $15 billion in 2022. The share buyback raised $285 million, increasing Ripple's total funding to $318.5 million.Ripple's investors include high-profile names such as Andreessen Horowitz, Google Ventures, and Founders Fund, signalling ongoing confidence in the company.This article was written by Tareq Sikder at www.financemagnates.com.