The Paris Blockchain Week 2025 saw Ripple President Monica Long make acquisition announcements, comment on crypto regulation and legislation, and business acceleration in the US and Europe.
On 8 April 2025, answering a question about the possibility of Ripple’s Initial Public Offering (IPO), Long said, “I think Ripple CEO Brad Garlinghouse has publicly said we have a very healthy, rich balance sheet. And we are definitely a player in mergers and acquisitions right now.”
“We’re thinking about ways to progress our growth. I think an IPO makes more sense for a company where you’re looking for more liquidity. And that’s not our constraint to growth right now. So, we’re more focused on growing the business as a private company,” Long said, quashing rumours around a possible Ripple IPO.
Ripple CEO Brad Garlinghouse Hints at Upcoming IPO, Fueling Market Speculation! $XRP pic.twitter.com/DUYkF1q1fd
— Brett (@Brett_Crypto_X) March 20, 2025
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“Game On In the US,” Says Ripple President: Discusses Progress Of Crypto Bills
Talking about regulatory clarity in the US this year, Long said, “I think we are finding the right balance all over the world. I think that there’s probably healthy tension there and and we kind of need to put some rules in place and put them into practice to see what wrinkles need to be ironed out.”
Commenting on the progress of crypto bills in the US, Long said, “In terms of crypto legislation, they seem to be furthest along. I know there’s also crypto market infrastructure bills in progress. Those do seem to be farther along. Also in the US, I would say another change with this within this year really is the acceleration of ETFs. It’s a big deal if the US, largest global economy, largest capital market, is a player on the field now.”
According to her, Ripple saw business acceleration happen almost overnight from the election “where the engagement from banks in the US changed like a light switch flipped.”
“I think the more banks, the more distribution,” said Long. “The other big change is with SAB 121 going away. So this was the bulletin with the accounting rules that really restricted banks from holding crypto on their balance sheet. We certainly see much more interest in custody as well.”
“So, game on in the US,” said Long confidently.
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“Just as it stands, there’s this push from the White House in particular around deregulation of various industries, not just crypto”
“It is a relief to just totally close that chapter and move on,” sais Ripple President, commenting on the end of the legal battle between the US SEC and Ripple.
“We felt very very strongly that the judge’s decision two years ago was the right decision and that it would stand as law of the land. And here we are, it does.”
She further said, “it’s just nice to move forward and have that clarity.”
“We’re going to continue to make moves to to expand the business.”
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“MiCA Has Been A Huge Success Story”
Meanwhile, talking about Europe, she said, “Here in Europe, our custody business, was kind of where it was born. And so we’re really proud to work with a lot of the major banks here in Europe like BBVA.”
“We’re seeing a lot of action here in Europe,” she added. “MiCA has been a huge success story and having 27 states coming together for one harmonized model across Europe is tremendously helpful.”
“And then Asia Pacific is probably the growth leader for us on the payments front,” Long said.
Key Takeaways
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Ripple President says there is a lot more openness in the US than in the past.
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“The presidency as well as both houses in Congress are leaning more pro crypto and embracing the innovation behind it than they ever have before,” said Ripple President Monica Long.
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“The stablecoin bills that we’re seeing put forward are there to protect consumers. One-to-one backing, auditing reserves – things like that that are really important,” said Long.
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