Ripple President Monica Long Clarifies No Immediate IPO Plans, Highlights XRP’s Strong Financial Position

At the recent Ripple Swell conference in New York, President Monica Long addressed widespread speculation about the company's potential initial public offering (IPO). Long firmly stated that Ripple has "no plans or timeline" for going public, emphasizing the company's robust financial health. She highlighted that Ripple has successfully funded all its organic and inorganic growth, as well as strategic partnerships, without the need for public market capital. This announcement comes amid growing interest in XRP's future trajectory, as the cryptocurrency continues to play a pivotal role in Ripple's blockchain-based payment solutions. Long's remarks underscore Ripple's confidence in its current capitalization and its ability to sustain growth independently. The clarification is expected to influence market perceptions of XRP, as investors weigh the implications of Ripple's long-term strategy against the backdrop of an evolving cryptocurrency landscape.

Ripple President Disputes IPO Plans, Says Company Well-Capitalized

Ripple President Monica Long has firmly dismissed speculation about an imminent initial public offering, stating the blockchain payments company has "no plans or timeline" for going public. The clarification came during Ripple's Swell conference in New York, where Long emphasized the company's strong financial position.

"We've been able to fund all our organic growth, inorganic growth, and strategic partnerships internally," Long told Bloomberg. The statement echoes previous comments from CEO Brad Garlinghouse about Ripple's ability to operate without external investment.

Despite recent reports of a $500 million funding round valuing Ripple at $40 billion, Long maintains the company faces no financial pressure to pursue an IPO. The funding was led by prominent firms including Fortress Investment Group and Citadel Securities.

Analyst Claims XRP Ledger Was Built by US Government, Positioning Ripple for Dominance

An anonymous analyst known as unknowDLT has sparked controversy with a theory that the XRP Ledger was secretly developed by the U.S. government rather than merely adopted by it. The claim, circulating on social media platform X, suggests Ripple's blockchain exhibits characteristics atypical of private crypto projects—speed, compliance, and global interoperability—aligning more closely with central banking infrastructure.

"Ripple wasn't chosen; it was built," the analyst asserted, framing XRP as a potential geopolitical instrument to reinforce dollar supremacy. While unsubstantiated by official records, the theory implies Ripple's regulatory resilience stems from covert institutional backing. This narrative, if validated, could redefine XRP from a utility token to a strategic asset in the digital currency cold war.

XRP Price Prediction: Key Metrics Point to Trouble – But Could This Be the Final Dip Before a Reversal?

Retail demand for XRP remains suppressed, while on-chain activity continues to decline, creating headwinds for bullish price predictions. Broader market uncertainty—driven by U.S. government shutdown fears and slowing growth concerns—has further dampened sentiment. Derivatives data from Coinglass reflects this downturn, with open interest plummeting to $3.37 billion, a level last seen before the bull run began.

Network activity on the XRP Ledger has also slumped, with daily unique addresses dropping 18% to 54,000, according to Glassnode. New address growth has been erratic, crashing 60% to 4,770 in a single day. Despite Ripple's announcement of $500 million in new funding to bolster institutional partnerships and ecosystem development, retail liquidity remains elusive.

Traders appear to be sidelining XRP, possibly awaiting stronger market signals before re-entering. However, a potential reversal could emerge if the current retest of a three-month descending channel holds, reigniting breakout speculation.

Chris Larsen Invests in Yellow Network as XRPL EVM Sidechain Goes Live

Ripple co-founder Chris Larsen has publicly endorsed his investment in Yellow Network following its integration with the XRPL EVM sidechain. The decentralized clearing platform's live deployment marks a significant step toward improving scalability and interoperability in digital asset markets.

Yellow Network's layer-3 clearing solution, Yellow Clearnet, stands to benefit from XRPL's EVM compatibility—enhancing liquidity tracking for tokenized real-world assets. The $10 million seed round led by Larsen signals strong institutional confidence in the project's infrastructure.

This development coincides with growing institutional interest in blockchain interoperability solutions. The participation of Consensys, Gate Labs, and other notable investors underscores the market's appetite for decentralized clearing mechanisms.