<ul><li>Ripple's president, Monica Long, stated that the closure of the SEC lawsuit and regulatory changes in the US will benefit the crypto industry.</li><li>Ripple recently acquired prime broker Hidden Road for $1.25 billion to bring institutions into the cryptocurrency space.</li><li>The end of the SEC lawsuit was described as a relief for Ripple, allowing the company to expand its business operations.</li><li>While Ripple had previously discussed the possibility of an IPO, the company currently has no plans and will focus on building a private business.</li></ul>

Ripple Shelves IPO Plans Even After SEC Lawsuit Closure, Says President at Paris Blockchain Week

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