Ripple is willbet loginnot interested in having an IPO anytime soon Advertisement During a recent interviewwith CNBC, Ripple President Monica Long clarified that the San Francisco-based enterprise blockchain company is not interested in having an initial public offering (IPO) at the moment due to the fact that it has sufficient liquidity.
Advertisement"At this moment, we have a lot of liquidity, so we do have billions of dollars of cash on the balance sheet," she stressed.
Long added that Ripple is currently in an "acquisitive" position. "So, we are really just focused on growing the business as we are now," she added.
HOT Stories Ripple’s Activity Spike Features 54,000,000 RLUSD, Here’s What Happened Saylor Reacts to Fed's Bitcoin U-Turn Ripple President: No IPO Yet Ethereum (ETH) Volume Explosion, Shiba Inu (SHIB) Skyrocketing Brutally Ended, Dogecoin (DOGE): Is $0.20 Still Possible?There have been years of speculation regarding Ripple's potential IPO plans.
AdvertisementIn 2022, Garlinghouse said that Ripple would consider going public after the end of its
In October, Ripple CEO Brad Garlinghouse statedthat an IPO was not a priority for the company since it is in a strong financial position.
Embracing the Engine of Fortune at Immerion Casino
Europe and Australia with new rules for crypto gaming
LeoVegas Group Launches LeoVegas Studios With 10 Titles Lined Up
En inkörsport till spel om pengar
The history of Online Casinos and how it began
Licensing Approvals and Illegal Sites Shutdown Shape Brazil's Gambling Market
Interview with SOFTSWISS on the Bug Bounty Program
531 Trillion SHIB Breakout Looms: What’s Shiba Inu’s Next Move
Ontario Gaming's Growth Since its 2022 Launch and Future Opportunities