What Is the Ripple IPO Date and Stock Price?

There has been a lot of speculation lately about Ripple’s potential initial public offering (IPO), especially with the resignation of the current SEC chair, Gary Gensler. The fintech company has made several comments about going public and provided several hints of when it might occur.

In this article, we are going to examine the Ripple IPO date, potential Ripple stock price, and more. But first, let’s quickly explain what Ripple does and what’s its relation with the XRP cryptocurrency.

What is Ripple?

Ripple (“Ripple Labs”) is a fintech company that provides a global network for real-time payments. It uses blockchain technology to enable banks and other financial institutions to send and receive payments across borders quickly, securely, and at a low cost, aiming to replace SWIFT.

Ripple’s network is used by over 300 customers in more than 40 countries. Some of its partners include Santander, Bank of America, American Express, and MoneyGram.

Here is a quick overview of what Ripple does and how it works:

• Ripple provides a platform for financial institutions to send and receive payments across borders quickly, securely, and at a low cost.
• The platform uses blockchain technology to track and verify payments.
• Ripple’s cryptocurrency, XRP, is used to facilitate payments on the Ripple network. XRP can be used to convert currencies, send payments, and settle transactions.

Ripple is still a relatively new company, but it has the potential to revolutionize the way cross-border payments are made. Ripple payments are processed in seconds, compared to days or weeks for traditional cross-border payments. They are also much cheaper than traditional cross-border payments, which can incur high fees. Finally, the payments are transparent and traceable, which can help to reduce fraud and improve compliance.

Ripple’s legal battle with the US Securities and Exchange Commission (SEC) has now concluded, bringing long-awaited clarity to XRP’s regulatory status in the United States. The case, which centered on whether XRP should be classified as a security, had created years of uncertainty for Ripple and the broader crypto market. With the lawsuit resolved, Ripple can now shift its full focus back to expanding its payments network, strengthening partnerships, and driving adoption of XRP.

The conclusion of the case removes a major overhang that previously weighed on XRP’s price and market perception. Going forward, Ripple’s growth will likely depend more on real-world utility, institutional adoption, and broader market conditions rather than ongoing legal uncertainty.

What is XRP?

It would be impossible to describe Ripple without mentioning XRP. XRP is a cryptocurrency that is used to facilitate payments on the Ripple network. It can be used to convert currencies, send payments, and settle transactions.

XRP is one of the largest digital assets by market capitalization—in fact, it’s the 3rd largest cryptocurrency, only beaten by Ethereum and Bitcoin. It is also one of the most liquid cryptocurrencies, meaning that it is easy to buy and sell.

Here are some of the benefits of using XRP:

• Fast transactions: XRP transactions are processed in seconds.
• Low fees: XRP transactions have very low fees.
• Global reach: XRP can be used to send and receive payments anywhere in the world.

XRP is a popular choice for both businesses and individuals who need to make fast, low-cost international payments.

If Ripple emerges from the legal battle against the SEC victorious, the XRP price could see a massive boost in price, and potentially even surpass its ATH from 2018. For more information about its potential future price movements, check our XRP price prediction.

What’s the Ripple IPO date?

Despite frequent speculation, Ripple’s leadership has repeatedly stated that the company does not plan to go public in the near term. In a Bloomberg interview, President Monica Long confirmed that Ripple has “no plans for an IPO,” while CEO Brad Garlinghouse emphasized that the company does not need to raise capital and remains financially strong as a private firm.

This stance comes even as Ripple’s valuation has climbed to an estimated $50 billion, ranking it as the ninth-largest IPO candidate globally according to widely shared industry rankings. The company previously sold $500 million in equity at a $40 billion valuation in late 2025, and its rapid increase in enterprise value reflects growing confidence in its payments infrastructure, acquisitions strategy, and RLUSD stablecoin expansion.

Instead of preparing for a public listing, Ripple has focused on aggressive expansion. Since 2025, it has deployed nearly $4 billion across major acquisitions, including Hidden Road, GTreasury, Rail, and Palisade. At the same time, XRP is gaining indirect public market exposure through Evernorth Holdings, which is going public via a SPAC merger to build a large XRP treasury.

For now, Ripple appears committed to remaining private while expanding its ecosystem. Any future IPO would likely be driven by strategic considerations rather than capital needs, but current leadership messaging makes it clear that a public listing is not on the immediate roadmap.

What will the Ripple stock price be?

It’s impossible to predict what Ripple’s stock price would be in the event of an IPO, especially since the company has stated it has no immediate plans to go public. Still, based on its latest reported valuation, we can outline a few hypothetical scenarios.

Ripple is currently estimated to be worth around $50 billion, placing it among the largest private fintech and crypto companies globally. This marks a sharp increase from its $40 billion valuation following a $500 million equity sale in late 2025. The $50 billion figure reflects enterprise value, not XRP’s market capitalization.

If Ripple were to go public at a $50 billion valuation, the share price would depend entirely on how many shares the company issues.

The final number would depend on dilution, institutional allocations, and underwriting decisions. Importantly, Ripple stock and XRP are separate assets. Owning Ripple shares would represent equity in the company, while XRP remains an independent digital asset operating on the XRP Ledger.

How to buy Ripple stock before IPO?

Unfortunately, there’s no way to buy Ripple stock before the IPO. However, you could consider investing in the XRP digital currency, which is the native digital asset of the Ripple network. If Ripple as the company continues to grow, and its blockchain network sees more activity, then the price of XRP is bound to increase as well. You can purchase XPR on pretty much all of the best crypto exchanges.

Ripple’s funding rounds

Ripple has secured capital multiple times throughout its history, with early venture rounds laying the foundation for its global expansion. The company raised a $28 million Series A round in 2015, followed by an additional $4 million later that year, a $55 million Series B in 2016, and a $200 million Series C in 2019.

More recently, Ripple demonstrated continued investor confidence through a $500 million secondary share sale in late 2025, valuing the company at $40 billion at the time. That valuation has since climbed to an estimated $50 billion, reflecting strong market confidence in Ripple’s payments infrastructure, RLUSD stablecoin strategy, and institutional positioning.

Notable investors across funding rounds and secondary offerings include Andreessen Horowitz, Lightspeed Venture Partners, Standard Chartered, SBI Holdings, CME Group, Santander InnoVentures, Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.

Beyond venture funding, Ripple has generated revenue through XRP sales, enterprise blockchain software solutions, liquidity services, and institutional payment infrastructure. The company has also expanded aggressively through acquisitions.

In May 2023, Ripple acquired Swiss-based crypto custody firm Metaco for $250 million in a mix of cash and equity. Since 2025, Ripple has significantly accelerated its acquisition strategy, deploying nearly $4 billion across major deals, including:

• Hidden Road ($1.25 billion), a global prime brokerage platform
• GTreasury ($1 billion), treasury management software serving Fortune 500 firms
• Rail ($200 million), a stablecoin payments platform
• Palisade, focused on wallet and custody infrastructure

This expansion strategy signals that Ripple is prioritizing infrastructure buildout and ecosystem growth over pursuing a public listing in the near term.

The bottom line

There is currently no exact date for the Ripple IPO or official estimate of Ripple’s stock price. However, given the CEO’s statements, the company will pursue the going public route if given the chance. At the moment, it seems that the decision will ultimately come down to how the SEC vs. Ripple lawsuit ends.

If you want to learn more about Ripple and XRP, we suggest you check our article on the top XRP holders to see who ranks where on the XRP rich list.