Ripple reiterates no IPO plans, will remain private and focus on business expansion. President Monica Long stated that the company is financially sound and does not need to go public to access capital liquidity. Recently completed approximately $500 million in funding, with a valuation of about $40 billion, and acquired multiple companies, with a total deal size close to $4 billion. #Ripple # Funding #CryptoIndustry
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Ripple reiterates no IPO plans, will remain private and focus on business expansion. President Monica Long stated that the company is financially sound and does not need to go public to access capital liquidity. Recently completed approximately $500 million in funding, with a valuation of about $40 billion, and acquired multiple companies, with a total deal size close to $4 billion. #Ripple # Funding #CryptoIndustry