Ripple President Quashes IPO Rumours At Paris Blockchain Week

Ripple President Quashes IPO Rumours At Paris Blockchain Week

The Paris Blockchain Week 2025 noticed Ripple President Monica Lengthy make acquisition bulletins, touch upon crypto regulation and laws, and enterprise acceleration within the US and Europe.

On 8 April 2025, answering a query about the potential for Ripple’s Preliminary Public Providing (IPO), Lengthy mentioned, “I think Ripple CEO Brad Garlinghouse has publicly said we have a very healthy, rich balance sheet. And we are definitely a player in mergers and acquisitions right now.”

“We’re thinking about ways to progress our growth. I think an IPO makes more sense for a company where you’re looking for more liquidity. And that’s not our constraint to growth right now. So, we’re more focused on growing the business as a private company,” Lengthy mentioned, quashing rumours round a attainable Ripple IPO. 

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“Game On In the US,” Says Ripple President: Discusses Progress Of Crypto Payments

Speaking about regulatory readability within the US this 12 months, Lengthy mentioned, “I think we are finding the right balance all over the world. I think that there’s probably healthy tension there and and we kind of need to put some rules in place and put them into practice to see what wrinkles need to be ironed out.”

Commenting on the progress of crypto payments within the US, Lengthy mentioned, “In terms of crypto legislation, they seem to be furthest along. I know there’s also crypto market infrastructure bills in progress. Those do seem to be farther along. Also in the US, I would say another change with this within this year really is the acceleration of ETFs. It’s a big deal if the US, largest global economy, largest capital market, is a player on the field now.”

In keeping with her, Ripple noticed enterprise acceleration occur virtually in a single day from the election “where the engagement from banks in the US changed like a light switch flipped.”

“I think the more banks, the more distribution,” mentioned Lengthy. “The other big change is with SAB 121 going away. So this was the bulletin with the accounting rules that really restricted banks from holding crypto on their balance sheet. We certainly see much more interest in custody as well.”

“So, game on in the US,” mentioned Lengthy confidently.

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“Just as it stands, there’s this push from the White House in particular around deregulation of various industries, not just crypto”

“It is a relief to just totally close that chapter and move on,” sais Ripple President, commenting on the top of the authorized battle between the US SEC and Ripple. 

“We felt very very strongly that the judge’s decision two years ago was the right decision and that it would stand as law of the land. And here we are, it does.”

She additional mentioned, “it’s just nice to move forward and have that clarity.”

“We’re going to continue to make moves to to expand the business.”

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“MiCA Has Been A Huge Success Story”

In the meantime, speaking about Europe, she mentioned, “Here in Europe, our custody business, was kind of where it was born. And so we’re really proud to work with a lot of the major banks here in Europe like BBVA.”

“We’re seeing a lot of action here in Europe,” she added. “MiCA has been a huge success story and having 27 states coming together for one harmonized model across Europe is tremendously helpful.”

“And then Asia Pacific is probably the growth leader for us on the payments front,” Lengthy mentioned. 

Key Takeaways

  •  Ripple President says there may be much more openness within the US than prior to now.

  • “The presidency as well as both houses in Congress are leaning more pro crypto and embracing the innovation behind it than they ever have before,” mentioned Ripple President Monica Lengthy. 

  • “The stablecoin bills that we’re seeing put forward are there to protect consumers. One-to-one backing, auditing reserves – things like that that are really important,” mentioned Lengthy. 

 

 

 

The put up Ripple President Quashes IPO Rumours At Paris Blockchain Week appeared first on 99Bitcoins.

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