Ripple Rejects IPO, Secures $500M in Private Funding
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Successful Private Funding: Ripple recently completed a $500 million private funding round, raising its valuation to approximately $40 billion, indicating strong investor confidence and the company's ability to secure ample capital without going public.
- IPO Strategy Excluded: Ripple has firmly ruled out an IPO, asserting that public market liquidity does not align with its current strategy, as management prefers to allocate capital towards product development and expanding enterprise-grade payment solutions.
- XRP Price Recovery: XRP has surged over 20% in the past week, currently trading in the $2.28 to $2.30 range, reflecting strong market demand for the token, with technical indicators suggesting buyers remain in control.
- Increased ETF Inflows: On January 6, XRP-linked products recorded net inflows of approximately $19 million, highlighting growing institutional interest in XRP, even as Bitcoin ETFs faced significant outflows, indicating a rising focus on XRP in the market.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







