The priority is growth through acquisitions and product development, not public markets.
One source so far
Ripple has officially announced that it will not conduct an IPO, citing a stable financial position
№ 1016Published Updated 1 min read
Telegram
Get the full story in Telegram
Extended details, links and updates are published in our channel.
Sources
Related stories
Security
Cryptocurrency exchange Binance has refunded 90% of the amount stolen in a hacker attack
Assets in Bitcoin, Ethereum, Solana and XRP are fully secured, the site reports
Read →Regulation
Ripple receives final approval from US regulator OCC to create its own trust bank
As part of this authorization, the company will be able to manage stablecoin reserves RLUSD and hold crypto assets of corporate clients. At the same time, the operation in the mode of accepting deposits and issuing loans is not provided.
Read →Altcoins
Ripple opens to institutions round-the-clock trading of tokenized real assets through Ripple Prime – more than 100 markets, including stocks, indices, ETF and commodities
Bloomberg notes that such 24/7-sites are increasingly taking activity away from traditional Wall Street brokers.
Read →Market Analysis
SkyAI has started offloading a major position in Solana - the company has already sold about 1 million SOL for $107 million and may continue sales
At an average entry price of about $194, its current paper loss exceeds$160million.
Read →