Ripple Rules Out IPO Again as Balance Sheet Strength Keeps Company Private

Ripple has once again shut down speculation around a near-term initial public offering, with President Monica Long confirming that the company has no current plans to go public. According to Ripple’s leadership, the decision is straightforward: the company does not need public markets to fund growth, provide liquidity, or execute its long-term strategy. source: https://www.ethnews.com/ripple-rules-out-ipo-again-as-balance-sheet-strength-keeps-company-private/