Ripple CEO: Exploring IPO in markets outside the United States, but going public is not a priority right now

Ripple CEO Brad Garlinghouse said in an interview with CNBC that due to the "hostility" of U.S. regulators, Ripple is exploring IPOs in markets outside the United States and studying listings in other jurisdictions with clear rules. However, going public is not a priority for Ripple at present. After the U.S. Securities and Exchange Commission gets a new chairman, Ripple will reassess whether to go public in the United States. Previously, Garlinghouse told CNBC in 2022 that Ripple would explore going public after its lawsuit with the U.S. Securities and Exchange Commission ended.

In addition, Garlinghouse confirmed this month that he repurchased $285 million worth of shares, bringing the company's total share buybacks to date to $1 billion.