DePIN Day Makes Latin American Debut as Ripple Reaffirms Private Expansion Strategy
DePIN Day Makes Latin American Debut as Ripple Reaffirms Private Expansion Strategy
DePIN Day, a prominent global event focused on Decentralized Physical Infrastructure Networks, is slated for its first-ever Latin American edition in Buenos Aires, co-hosted by Filecoin Foundation. This event signifies a growing interest in the DePIN movement within the region. Concurrently, Ripple has publicly stated its decision to forego an Initial Public Offering (IPO), opting instead for private expansion through strategic acquisitions and partnerships, distinguishing itself from a broader trend of public listings within the crypto industry.
DePIN Day, the leading global event series dedicated to Decentralized Physical Infrastructure Networks, is making its Latin American debut on November 18, 2025, during Devconnect Week in Buenos Aires. Organized by Fluence, a cloudless computing platform designed for enterprise use, and co-hosted with Filecoin Foundation, this milestone edition brings the DePIN movement to a new region, marking a significant step for decentralized infrastructure in Latin America.
Separately, Ripple has confirmed it has no plans to go public, choosing to expand privately through strategic acquisitions and investor partnerships. This decision sets the company apart at a time when other major crypto firms are pursuing IPOs, highlighting Ripple's commitment to a distinct corporate growth strategy despite its estimated $40 billion valuation.