The Paris Blockchain Week 2025 noticed Ripple President Monica Lengthy make acquisition bulletins, touch upon crypto regulation and laws, and enterprise acceleration within the US and Europe.
On 8 April 2025, answering a query about the potential for Ripple’s Preliminary Public Providing (IPO), Lengthy stated, “I believe Ripple CEO Brad Garlinghouse has publicly stated we now have a really wholesome, wealthy steadiness sheet. And we’re positively a participant in mergers and acquisitions proper now.”
“We’re serious about methods to progress our development. I believe an IPO makes extra sense for a corporation the place you’re in search of extra liquidity. And that’s not our constraint to development proper now. So, we’re extra targeted on rising the enterprise as a non-public firm,” Lengthy stated, quashing rumours round a doable Ripple IPO.
Ripple CEO Brad Garlinghouse Hints at Upcoming IPO, Fueling Market Hypothesis! $XRP pic.twitter.com/DUYkF1q1fd
— Brett (@Brett_Crypto_X) March 20, 2025
Discover: Ripple Announces $1.25 Billion Acquisition Of Prime Broker Hidden Road At Paris Blockchain Week
“Sport On Within the US,” Says Ripple President: Discusses Progress Of Crypto Payments
Speaking about regulatory readability within the US this yr, Lengthy stated, “I believe we’re discovering the correct steadiness everywhere in the world. I believe that there’s most likely wholesome pressure there and and we sort of have to put some guidelines in place and put them into observe to see what wrinkles have to be ironed out.”
Commenting on the progress of crypto payments within the US, Lengthy stated, “When it comes to crypto laws, they appear to be furthest alongside. I do know there’s additionally crypto market infrastructure payments in progress. These do appear to be farther alongside. Additionally within the US, I’d say one other change with this inside this yr actually is the acceleration of ETFs. It’s an enormous deal if the US, largest international economic system, largest capital market, is a participant on the sector now.”
In line with her, Ripple noticed enterprise acceleration occur nearly in a single day from the election “the place the engagement from banks within the US modified like a light-weight swap flipped.”
“I believe the extra banks, the extra distribution,” stated Lengthy. “The opposite large change is with SAB 121 going away. So this was the bulletin with the accounting guidelines that actually restricted banks from holding crypto on their steadiness sheet. We actually see rather more curiosity in custody as effectively.”
“So, recreation on within the US,” stated Lengthy confidently.
EXPLORE: 10 Best AI Crypto Coins to Invest in 2025
“Simply because it stands, there’s this push from the White Home particularly round deregulation of varied industries, not simply crypto”
“It’s a aid to simply completely shut that chapter and transfer on,” sais Ripple President, commenting on the top of the authorized battle between the US SEC and Ripple.
“We felt very very strongly that the decide’s choice two years in the past was the correct choice and that it will stand as regulation of the land. And right here we’re, it does.”
She additional stated, “it’s simply good to maneuver ahead and have that readability.”
“We’re going to proceed to make strikes to to increase the enterprise.”
EXPLORE: 16 Next Crypto to Explode in 2025: Expert Cryptocurrency Predictions & Analysis
“MiCA Has Been A Big Success Story”
In the meantime, speaking about Europe, she stated, “Right here in Europe, our custody enterprise, was sort of the place it was born. And so we’re actually proud to work with quite a lot of the most important banks right here in Europe like BBVA.”
“We’re seeing quite a lot of motion right here in Europe,” she added. “MiCA has been an enormous success story and having 27 states coming collectively for one harmonized mannequin throughout Europe is tremendously useful.”
“After which Asia Pacific might be the expansion chief for us on the funds entrance,” Lengthy stated.
Key Takeaways
Ripple President says there’s much more openness within the US than previously.
“The presidency in addition to each homes in Congress are leaning extra professional crypto and embracing the innovation behind it than they ever have earlier than,” stated Ripple President Monica Lengthy.
“The stablecoin payments that we’re seeing put ahead are there to guard shoppers. One-to-one backing, auditing reserves – issues like that which might be actually vital,” stated Lengthy.
Source link