During a recent interview With CNBC, the president of Ripple, Monica Long, said that the company Blockchain in a company based in San Francisco is not interested in having a first public offer (IPO) for the moment because it has sufficient liquidity.
“Right now, we have a lot of cash, so we have billions of dollars in cash,” she said.
Long added that Ripple is currently in an “acquisitive” position. “So we really focus on business growth as we are now,” she added.
There have been years of speculation concerning the Potential Introduction Plans in Ripple.
In 2022, Garlinghouse said Ripple would plan to become a public after the end of his
In October, the CEO of Ripple Brad Garlinghouse declared That an IPO was not a priority for the company because it is in the right financial situation.
