Ripple President States No Current Plans For IPO: What It Means For XRP Prices
Blockchain payments company Ripple has no immediate plans to follow the trend of digital asset firms going public. In a recent interview with Bloomberg at the company’s Swell conference in New York, Ripple President Monica Long stated, “We do not have an IPO timeline. No plan, no timeline.” Her comments highlight the company’s present priorities, which include expanding its payments business, launching dollar-pegged cryptocurrencies, often known as stablecoins, and forming new alliances, rather than pursuing an initial public offering. IPO Aspirations Remain On Hold These remarks....
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