Ripple was founded in 2012 by Chris Larsen and Jed McCaleb. According to CNBC, the company acquired an overseas crypto company called Metco for $250 million in May 2023. Metco is a Swiss firm that holds digital assets for clients. Ripple has not officially endorsed a plan to participate in an IPO.

Ripple is a global blockchain-based real-time financial settlement services network, that allows individuals to exchange money regardless of location or particular bank. Ripple has raised a total of $300 million across 2 funds. This series B fund was announced on Sep 29, 2021, and raised a total of $250 million from lead investor The K Fund. Per Forge Data, Ripple has a valuation of $15 billion as of January 2022.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Learn more about Ripple

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What is Ripple's IPO price?

The IPO price for Ripple will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Ripple?

Ripple is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell Ripple shares pre-IPO?

If you own Ripple pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is Ripple a publicly traded company?

Ripple is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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What is Ripple's funding to date?

Ripple has raised $293.1MM to date.
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When was Ripple founded?

Ripple was founded in 2012.
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What is Ripple used for?

Ripple (XRP) is a cryptocurrency token designed to migrate transactions from central databases controlled by financial institutions to a more open infrastructure while significantly cutting costs.

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How many banks are partnered with Ripple?

Ripple has partnered with over 100 financial institutions worldwide such as Santander, Canadian Imperial Bank of Commerce, IFX and more.

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Who is the CEO of Ripple?

The Chief Executive Officer of Ripple is Brad Garlinghouse.

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What is Ripple’s mission?

According to Ripple's website, its mission is to "Build breakthrough crypto solutions for a world without economic borders.

Through blockchain technology, Ripple enables global financial institutions, businesses, governments and developers to move, manage and tokenize value, helping to unlock greater economic opportunity for everyone, everywhere."

Who are Ripple's major investors?

Blockchain Capital
Wicklow Capital
IDG Capital

Ripple Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
12/20/2019 Series C $200MM raised $XXX.XX $XXX.XX
9/15/2016 Series B $52.46MM raised $XXX.XX $XXX.XX
10/6/2015 Series A $40.63MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: May 21, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.