Brad Garlinghouse dismisses chances of an IPO in 2025
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Ripple CEO Brad Garlinghouse has dismissed any chance of pursuing an Initial Public Offering (IPO) in 2025. The statement was made during an appearance at the CfC St. Moritz, a highly regarded and selective blockchain and digital assets conference. The information was shared by crypto investor Xaif, who shared a worthy note alongside the clip of Garlinghouse speaking at the event. “Brad Garlinghouse: Ripple doesn’t need to raise capital. There’s no IPO in 2025 — we haven’t needed outside funding. #XRP. Strong signal: Ripple is self-sustaining and focused on building, not begging,” Xaif said on X. The post reflects the growing acceptance of Ripple as a financial entity within the crypto industry, separate from the need for raising capital using public markets. Brad Garlinghouse dismisses IPO talks In the video shared on X by Xaif, the Ripple boss addressed the hot topic about the company’s chances of a potential IPO. He mentioned that companies typically try to go public to raise capital, but it has never been something that has been a necessity for Ripple. “In reality, most companies that go public do that to raise capital. We haven’t needed to raise capital. And so that has not been a driving force,” Garlinghouse said. The Ripple boss also talked about the internal discussions of the company going public. Garlinghouse mentioned that the idea has turned up a few times, but the hostile regulatory conditions in the United States have made the company push back on such a decision. “We have talked a little bit about, would we go public? And, you know, it’s like, well, the US market until recently has been very hostile. And like, why would we even try to have that conversation?” he added. Ripple has been the recipient of some sort of hostility from regulators over…
Filed under: News - @ April 19, 2025 1:29 pm