Ripple rejects IPO plans despite SEC case victory: Here’s why
Ripple, the US company XRP, will not pursue an IPO following the conclusion of its years-long legal battle with the SEC, according to the company’s president, Monica Long.
Ripple, the US blockchain company behind the XRP cryptocurrency, will not pursue an initial public offering following the conclusion of its years-long legal battle with the Securities and Exchange Commission.
Ripple president Monica Long said the company has no plans or timeline for an IPO, according to a Bloomberg report on Wednesday.