
Ripple CEO Brad Garlinghouse announced that the company is not in a hurry to pursue an IPO, citing poor post-IPO performances of other crypto firms like Gemini and Kraken. Ripple is focusing on regulatory compliance, infrastructure development, and increasing institutional adoption of XRP instead. Although internal discussions about an IPO continue, Ripple prefers to wait for better market conditions and clearer regulations before going public. This cautious approach reflects a broader trend in the crypto industry to build long-term credibility rather than rushing into public markets prematurely.