{"id":57243,"date":"2025-11-07T10:16:31","date_gmt":"2025-11-07T10:16:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=57243"},"modified":"2025-11-07T10:16:31","modified_gmt":"2025-11-07T10:16:31","slug":"is-a-ripple-ipo-coming-garlinghouse-shares-new-insights","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=57243","title":{"rendered":"Is A Ripple IPO Coming? Garlinghouse Shares New Insights"},"content":{"rendered":"
\n

Ripple CEO Brad Garlinghouse used an on-stage conversation with Dan Morehead at Pantera\u2019s Blockchain Summit 2025 to push back\u2014again\u2014on the notion that Ripple needs to list anytime soon, even as the company leans into aggressive buybacks, fresh capital, and M&A. The recording of the discussion was posted by Pantera on X on November 6.<\/p>\n

Is A Ripple IPO Coming?<\/h2>\n

Pressed by Pantera on shareholder liquidity and tender offers, Garlinghouse disclosed the scale and cadence of Ripple\u2019s private-market strategy. \u201cWe\u2019ve actually repurchased over 25 percent of the company. We\u2019ve spent $4 billion buying shares back from our shareholders,\u201d he said, adding that \u201cjust yesterday [we] closed another billion dollar tender offer, valuing Ripple at about 40 billion dollars.\u201d<\/p>\n

He framed the approach as deliberately avoiding the need for a listing: \u201cWe haven\u2019t needed to go public, and so we haven\u2019t prioritized that\u2026 the way we kind of solve the shareholder liquidity problem is by just buying back shares at increasingly higher prices. I mean, to some degree, SpaceX<\/a> has been doing that.\u201d<\/p>\n

The $40 billion private valuation Garlinghouse cited lines up with recent disclosures around Ripple\u2019s capital moves this week. On November 5, Ripple disclosed a new $500 million investment at a $40 billion valuation<\/a> and referenced the earlier $1 billion tender at the same mark\u2014underscoring that private bids are coalescing near that level.<\/p>\n

Garlinghouse also argued that public markets have become more receptive to crypto issuers, calling Circle\u2019s 2025 listing a watershed moment. \u201cObviously, the window\u2019s open. I will say as a very positive thing, I think a watershed moment for the crypto industry was the Circle IPO<\/a>. People were worried about how that was going because it was during the tariff liberation day event, and the public markets weren\u2019t sure, and to see how oversubscribed it was and see how, and even now, I think it\u2019s a $35 billion company. I think that is phenomenal for crypto broadly,\u201d Garlinghouse said.<\/p>\n

Meanwhile, he acknowledged that not every crypto IPO will get the same traction. \u201cObviously, some of the other ones have gone public, whether it\u2019s Bullish or Gemini, you know, haven\u2019t gone quite as, I mean, they\u2019ve done well, but not quite as well.\u201d<\/p>\n

The CEO\u2019s message on Ripple\u2019s own path was unequivocal: \u201cWe\u2019re not in a hurry [to go public]\u2026 today we have, you know, just shy of $4 billion on the balance sheet. And so we\u2019re not in a hurry to go public. And we feel like we can play offense from an M&A point of view and continue to stay private\u2026 At some point, I would imagine we\u2019ll knock on the public market\u2019s door, but that\u2019s not today.\u201d<\/p>\n

\n

Conviction Compounds.@Ripple<\/a> CEO @bgarlinghouse<\/a> joined @dan_pantera<\/a> at Pantera Blockchain Summit 2025 to reflect on crypto\u2019s beginnings and how the industry adapted through every cycle.<\/p>\n

00:10 Crypto\u2019s First Decade
\n02:17 Contrasting Money over IP and Voice over IP
\n04:19 XRP \u2260\u2026 pic.twitter.com\/SwMbeKnid8<\/a><\/p>\n

\u2014 Pantera Capital (@PanteraCapital) November 6, 2025<\/a><\/p>\n<\/blockquote>\n

If the CEO\u2019s posture leaves little oxygen for IPO speculation, Ripple\u2019s president Monica Long removed any ambiguity during Swell in New York. Speaking to Bloomberg, Long said: \u201cWe do not have an IPO timeline. No plan, no timeline.\u201d In a separate CNBC interview, she framed the rationale in balance-sheet terms: \u201cWe are not focused on an IPO right now. We have the balance sheet, the liquidity to be growing and making moves on M&A and other big strategic partnerships.\u201d<\/p>\n

At press time, XRP traded at $2.22.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

Ripple CEO Brad Garlinghouse used an on-stage conversation with Dan Morehead at Pantera\u2019s Blockchain Summit 2025 to push back\u2014again\u2014on the notion that Ripple needs to list anytime soon, even as the company leans into aggressive buybacks, fresh capital, and M&A. The recording of the discussion was posted by Pantera on X on November 6. Is […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-57243","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57243"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57243\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}