Ripple President: No Immediate IPO Plans Despite Doubled Customer Base
Ripple President: No Immediate IPO Plans Despite Doubled Customer Base
Published on
Ripple President Monica Long has announced there is 'no timeline' and 'no rush' for the company to go public. This statement comes amidst positive growth, with Ripple's customer base reportedly doubling quarter-over-quarter, indicating strong underlying business performance.
Ripple Prioritizes Growth Over Public Offering, Customer Base Doubles
Ripple President Monica Long recently clarified that the company has 'no timeline' for an initial public offering (IPO), emphasizing that there's 'no rush' to go public. This strategic patience is set against a backdrop of significant operational success. According to Long, Ripple's customer base has impressively doubled quarter-over-quarter, highlighting robust expansion and adoption of its solutions.