Garlinghouse Explains Why Ripple Isnt Pursuing 2025 IPO Yet

Ripple CEO Brad Garlinghouse has poured cold water on speculation that the company will go public in 2025, clarifying that there are no immediate plans for an initial public offering (IPO).

Speaking at an event, Garlinghouse was asked whether Ripple would pursue a public listing this year. He responded candidly, saying, “”

Why Isnt Ripple Going Public

Garlinghouse also pointed to the historically unfavorable regulatory climate in the U.S. as a reason Ripple hasnt moved toward an IPO. “Until recently, the U.S. market has been very hostile. Why would we even try to have that conversation？” he said.

When pressed directly about a 2025 IPO, Garlinghouse replied, “I think that‘s a definitive no.” He explained that while going public is something Ripple has discussed internally, it hasn’t been a high priority for the company.

While firmly stating that an IPO in 2025 is not on the table, Garlinghouse did not rule out the possibility in the future. He acknowledged that changing leadership or policies at the U.S. Securities and Exchange Commission (SEC) could eventually prompt Ripple to revisit the idea.

Related: Analyst Eyes XRP Breakout With Resistance at $2.30 and Falling Inflows

Could a Future IPO Still Boost XRP Price？

And even without an IPO this year, some market experts believe that a future IPO could act as a major catalyst for XRPs value. Crypto analyst Ali Martinez, for instance, predicts XRP could hit $15 should Ripple eventually go public.

Turning to the XRP token‘s current standing, it’s trading sideways around $2.07. However, technical analysts suggest this period of consolidation may be coming to an end. One analyst has referred to the current price action as the “Final Consolidation” phase of the monthly structure, signaling an impending breakout.

Related: Analyst Eyes XRP Breakout With Resistance at $2.30 and Falling Inflows

Key resistance levels to watch are $2.22 and $2.30, while support lies at $1.88 and $1.63. If XRP breaks out as expected, short-term price targets include $3.75 and $5.85. While a Ripple IPO remains off the table for now, sentiment around XRP continues to heat up.