According to reports, Ripple is internally preparing for an IPO in 2026 with a stronger governance structure.
Analysts have listed Ripple as a top IPO candidate for 2026, with an estimated valuation of nearly $50 billion.
Ripple management has ruled out any immediate IPO plans, saying the company remains well-funded even without a public market.
Ripple, the blockchain payments company behind XRP, is once again in the spotlight with reports that it may be preparing for a possible initial public offering (IPO) in 2026.
Industry analysts currently rank Ripple as one of the largest potential companies to go public, with an estimated valuation of nearly $50 billion.
Here’s what Ripple’s leadership is saying about these IPO negotiations:
Signs that Ripple is gearing up for an IPO in 2026
Ripple is reportedly in advanced internal discussions about a possible 2026 IPO, according to multiple sources. These are not rumors or casual considerations, but rather signs that the company may be actively preparing to go public.
The company also strengthened its internal structure by improving reporting and governance, a common step before going public. At the same time, Ripple is expanding its bank partnerships and payment services to build steady real-world revenue.
In fact, Ripple continues to position XRP as a liquidity tool within its payments system. Companies ready for an IPO typically emphasize practicality and long-term value rather than market hype.
Ripple ranked as top IPO candidate for 2026
Adding to the excitement, market data and industry visuals place Ripple as one of the biggest IPO candidates heading into 2026. According to a recent comparison, Ripple ranks 9th among the top private companies expected to go public, with an estimated valuation of $50 billion.
The list includes major global company names such as SpaceX, OpenAI, ByteDance, and Stripe, highlighting just how important Ripple’s position has become.
Analysts cite strong momentum, improved regulation, and growing global adoption as key reasons for Ripple’s continued prominence.
Ripple leadership rebels
Despite mounting speculation, Ripple executives have consistently denied IPO rumors. Ripple President Monica Long said the company has “no plans or plans” to go public, stressing that Ripple is well-funded and does not need the public market to raise capital.
Ripple CEO Brad Garlinghouse echoed this view, noting that IPO discussions are a long-term consideration and not an immediate move.
Other crypto companies also approach IPO
Public markets are becoming a desirable next step for mature crypto companies, according to a recent research report. Circle is already public, and other major companies such as Kraken, Grayscale, and BitGo have filed paperwork or are in advanced negotiations.
In Asia, Dunamu, which operates Upbit, is also preparing to go public through a merger. This widespread trend has fueled speculation that Ripple could follow a similar path.
