Ripple delays public listing despite the clarity of the SEC and $ 11.3 billion
Ripple delays public listing despite the clarity of the SEC and $ 11.3 billion
- Ripple has collected a total of $ 318.5 million, supported by Andreessen Horowitz and others.
- acquires Hidden Road for USD 1.25 billion to expand in the field of digital finances.
- The introduction of RLUSD, a stable coin, positions Ripple for a wider market role.
ripple has confirmed that it will not strive for a IPO in 2025, which represents a remarkable change of years of speculative considerations.
Despite the settlement of a top-class legal dispute with the US stock exchange supervision, the company behind XRP has declared that it does not intend to go to the stock exchange.
The announcement surprised analysts and long -time investors who had seen an IPO as a logical next step after Rippel's legal clarity and a strong financial position.
ripple holds ipo plans back despite financial stability
Rippel's decision to delay his IPO, takes place at a time when the company may be better positioned than ever.
President Monica Long told CNBC Dollar of reserves and does not need external capital to finance his company or to raise its profile.
IPOS are typically pursued to secure means or increase visibility-but Ripple claims that no goal is currently required.
The company has previously considered the possibility of an IPO, especially after it has sometimes gained legal clarity from its struggle with the Sec.
CEO Brad Garlinghouse explained in 2023 that an IPO was not off the table, but has confirmed that the listing is currently not a short-term priority.
Rippel's share buyback at the beginning of 2024, the company rated $ 11.3 billion, a decline of a maximum of USD 15 billion in 2022, which indicates a cooling of the former investor interest.
Shares return and financing change Rippel's capital base
In January 2024, Ripple bought shares worth 285 million USD to a reduced assessment, so that the total amount of the financing is 318.5 million USD.
Although this number may appear modest compared to public technology gends, the list of supporters from Ripple remains remarkable.
The investors include Andreessen Horowitz, Founders Fund and Google Ventures-an indication that the support from risk capital for Ripple remains strong, even without public listing.
also offered early shareholders to exit the partial shareholders and indicate that Ripple may be reorienting his investor base in order to prepare for a long-term strategy that does not depend on an IPO.
Strategic focus on acquisitions and stable coins
instead of entering the public markets, Ripple increasingly relies on strategic acquisitions to boost growth. The company recently acquired Hidden Road for USD 1.25 billion.
Hidden road is a prime brokerage for digital assets that handle over $ 3 trillion of annual transactions. Ripple expects the deal to significantly increase its influence in the global financial ecosystem.
This acquisition matches Rippel's efforts to enter the StableCoin market.
The company prepares the introduction of RLUSD, a dollar-proof token that could compete with existing stable coins such as USDC and Tether.
By combining traditional financial infrastructure with cryptonative tools, Ripple aims at a broader role in cross-border payments and in the liquidity solution.
Rippels change raises questions about ipo trends in the crypto range
Rippel's change of direction could also reflect the broader market conditions.
The IPO market has remained behavior since 2022, while technology companies are increasingly careful with the passage to the stock exchange in the face of macroeconomic volatility and regulatory challenges.
Rippels hesitation could be a sign that crypto companies re-evaluate the usefulness and the risks of listing.
Although there are no immediate IPO plans, Ripple remains a dominant actor in the field of digital assets.
its legal clarity in the USA, expansive partnerships abroad and a renewed focus on tokenized finances indicate that the company relies on long-term infrastructure instead of short-term market attention.
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