Ripple reaffirms no IPO plans, citing strong balance sheet

📌 Ripple reaffirms no IPO plans, citing strong balance sheet and growth focus: Bloomberg – Ripple closed a $500 million funding round at a $40 billion valuation last November, with Fortress and Citadel among the key participants.

$\\n \\n$XRP, #XRP issuer Ripple told Bloomberg it has no plans for an IPO, citing a strong balance sheet and continued focus on product and global growth. The company closed a $500 million funding round in November at a $40 billion valuation, with Fortress and Citadel among key participants, Bloomberg reports. Ripple$

$XRP, #XRP issuer Ripple told Bloomberg it has no plans for an IPO, citing a strong balance sheet and continued focus on product and global growth. The company closed a $500 million funding round in November at a $40 billion valuation, with Fortress and Citadel among key participants, Bloomberg reports.

#Macro Insights# #Fortress #Citadel