Ripple's stance this time is very firm — no plans for an IPO in the short term. The company's President Monica Long was frank, stating that the financial fundamentals are solid, and there's no need to go public just for fundraising.
Recently, a funding round raised $500 million, with the valuation stable at around $40 billion. Such scale and cash flow are already quite sufficient for a Web3 company. Even more impressive, Ripple has been actively pursuing acquisitions, having acquired multiple companies with a total value approaching $4 billion, clearly laying out its ecosystem map.
Choosing not to go public and instead focusing on business expansion aligns with a strategy of independent development. As a key player in the payment settlement sector, Ripple maintains flexibility while achieving steady growth, a pace that is indeed advantageous for long-term planning.
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ruggedSoBadLMAO
· 3h ago
A valuation of 40 billion and still throwing 4 billion to acquire, this guy really doesn't lack money.
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NFTRegretDiary
· 8h ago
Still not satisfied with a 40 billion valuation? Just throw in 4 billion directly for buying, now that's the real way of the wealthy.
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CoconutWaterBoy
· 01-08 07:11
A valuation of 40 billion and still spending 4 billion to buy, buy, buy—this guy is really rich. Not going public might actually be more freeing?
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CryptoMotivator
· 01-07 07:47
4 billion USD crazy acquisitions, this guy is really rich, while we're still worried about the next meal...
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ContractBugHunter
· 01-07 07:45
Alright, Ripple's decision not to go public this time is actually pretty smart. Holding a $40 billion valuation and $500 million in cash to buy, buy, buy—this is true freedom.
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rugpull_ptsd
· 01-07 07:45
Financial freedom is a whole different level; there's basically no shortage of money to go public.
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TopBuyerForever
· 01-07 07:42
Not going public and instead spending money on acquisitions—that's true confidence.
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4 billion yuan acquisition, now that's a bold move... truly impressive.
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Speaking of which, if you’re not short on cash, why go public? Staying independent is actually more enjoyable.
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5 billion yuan in financing with a 40 billion yuan valuation, Ripple is living better than publicly listed companies.
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I just want to know what happened to those acquired companies later.
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In the payments sector, not going public allows for more freedom; I really buy this logic.
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That's incredible. While others want to go public to raise funds, Ripple stubbornly refuses.
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AirdropChaser
· 01-07 07:33
Come on, with a valuation of 40 billion, what else is needed for funding? This pace is indeed steady.
Not going public and instead making big purchases, Ripple is really holding back a big move.
This is the right way to play, much better than those who rush to go public to harvest profits.
When there's more money, they tend to mess around. It's better to expand the ecosystem boldly and happily.
With this kind of resolve, there is still hope in the long run.
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MissingSats
· 01-07 07:24
Hmm, not going public and instead buying like crazy—this approach is indeed interesting, offering great flexibility.
Ripple's stance this time is very firm — no plans for an IPO in the short term. The company's President Monica Long was frank, stating that the financial fundamentals are solid, and there's no need to go public just for fundraising.
Recently, a funding round raised $500 million, with the valuation stable at around $40 billion. Such scale and cash flow are already quite sufficient for a Web3 company. Even more impressive, Ripple has been actively pursuing acquisitions, having acquired multiple companies with a total value approaching $4 billion, clearly laying out its ecosystem map.
Choosing not to go public and instead focusing on business expansion aligns with a strategy of independent development. As a key player in the payment settlement sector, Ripple maintains flexibility while achieving steady growth, a pace that is indeed advantageous for long-term planning.