{"id":5392,"date":"2026-01-08T07:27:06","date_gmt":"2026-01-08T07:27:06","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=5392"},"modified":"2026-01-08T07:27:06","modified_gmt":"2026-01-08T07:27:06","slug":"ripple-stays-private-as-xrp-expands-onchain-with-first-spot-market-launching-on-hyperliquid","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=5392","title":{"rendered":"Ripple Stays Private as XRP Expands Onchain, With First Spot Market Launching on Hyperliquid"},"content":{"rendered":"
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Ripple closed a $500 million funding round in November at a $40 billion valuation, with the company emphasising its strong growth trajectory and strategic acquisitions over the past year.<\/li>\n
The company remains committed to staying private, with President Monica Long stating Ripple is in a healthy financial position to fund its own growth without going public.<\/li>\n
Ripple is diversifying beyond XRP by developing enterprise-grade products including custody solutions, on- and off-ramps, and regulatory licensing, having secured over 70 licenses globally.<\/li>\n
The first XRP spot market launched on Hyperliquid through the FXRP-USDC pair, enabling traders to access XRP exposure directly on Hyperliquid\u2019s onchain orderbook whilst preserving the XRP Ledger as the settlement layer.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n
In a recent interview with Bloomberg, Monica Long, President of Ripple, discussed the company\u2019s recent US$500 million (AU$744 million) share sale completed in November at a US$40 billion (AU$59 billion) valuation and how Ripple has progressed since then.<\/p>\n
She explained that the fundraising capped a strong year of growth, which included both internal expansion and the acquisition of four companies. Since closing the round, Ripple has been focused on integrating these acquisitions and continuing to scale its business.<\/p>\n
Addressing questions about the structure of the deal \u2013 specifically investor protections such as guaranteed returns and preferential treatment \u2013 Long emphasised that the terms were favourable for Ripple.<\/p>\n
Long noted that new investors like Fortress and Citadel were attracted by the company\u2019s proven business model and its focus on building digital asset infrastructure for financial institutions, particularly as stablecoin payments gained momentum.<\/p>\n
The conversation also touched on Ripple\u2019s efforts to diversify beyond XRP. Long outlined a strategy centered on creating compliant, enterprise-grade products, including custody, on- and off-ramps, and regulatory licensing, with over 70 licenses secured globally.<\/p>\n
Ripple Remains Private, XRP Goes Hyper<\/h2>\n
Finally, Long reaffirmed Ripple\u2019s position on remaining private, stating:<\/p>\n
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We\u2019re in a really healthy position to continue to fund and invest in our company\u2019s growth without going public.<\/p>\n<\/div>\n
\n Ripple President Monica Long <\/div>\n<\/div>\n
Meanwhile, blockchain interoperability network Flare announced the launch of the first XRP spot market on Hyperliquid, enabling spot trading through the FXRP-USDC pair. This marks the first time traders can access XRP spot exposure directly on Hyperliquid\u2019s onchain orderbook, expanding XRP\u2019s reach beyond its native ecosystem.<\/p>\n\n
![](\"https:\/\/cdn.cryptonews.com.au\/2025\/08\/08150732\/Monica-Long-Ripple-President.jpg\"\/)
![](\"https:\/\/cdn.cryptonews.com.au\/2025\/08\/08150732\/Monica-Long-Ripple-President.jpg\")
Ripple President Monica Long <\/div>\n<\/div>\n![](\"https:\/\/cdn.cryptonews.com.au\/2026\/01\/08153931\/Flare-co-founder-Hugo-Philion.png\"\/)
![](\"https:\/\/cdn.cryptonews.com.au\/2026\/01\/08153931\/Flare-co-founder-Hugo-Philion.png\")
Flare co-founder Hugo Philion <\/div>\n<\/div>\n