Ripple CEO: Will explore markets outside the U.S. for IPO, but going public is “not a priority”

Ripple CEO Brad Garlinghouse said in an interview with CNBC that due to the "hostile attitude" of U.S. regulators, Ripple is exploring IPOs in markets outside the United States and studying listings in other jurisdictions with clear rules. But going public is now "not a top priority" for Ripple, and the company has currently shelved its IPO plans. After the U.S. SEC has a new chairman, Ripple may again evaluate whether to list in the United States. Garlinghouse told CNBC in 2022 that Ripple would explore a public listing after litigation with the U.S. SEC concluded. In addition, Garlinghouse confirmed that it has repurchased $285 million worth of stock this month, and the company has repurchased $1 billion of stock to date. (CNBC)