No IPO in the Works, But It's Not Off the Table Garlinghouse emphasized that Ripple is focused on building and growing its business, rather than going public. He stated, "We have no plans to go public in the near future. I think the focus for us right now is growing the business and growing the ecosystem." The CEO also noted that Ripple is in a strong financial position, with a significant amount of cash on hand. This means the company doesn't need to rely on an IPO for funding, unlike many other startups. The Potential Impact of an IPO While Ripple may not be planning on going public anytime soon, Garlinghouse did acknowledge that an IPO could be beneficial for the company and its investors in the future. He stated, "I think an IPO could be an interesting strategic move in the future. It's not something we're focused on right now, but I think it's definitely a possibility down the line." An IPO could potentially provide Ripple with a la...
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