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Ex-Ripple Developer Says IPO Might Not Be in the Cards for Ripple

  • Former Ripple developer, Matt Rosendin, stated that Ripple plans to stay private and an IPO may not be on the table.
  • Rosendin mentioned that Ripple has no incentive to go public and believes that Circle is more likely to pursue an IPO.
  • Ripple CEO, Brad Garlinghouse, has given conflicting opinions on whether the company will go public.
  • Ripple's growth strategy focuses on acquisitions and partnerships, with no plans for an IPO according to Ripple's President, Monica Long.

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