Ripple has announced it will not pursue an initial public offering (IPO), even after securing a legal victory against the SEC and experiencing a record year of growth. The company, which has raised $500 million from major investors and repurchased over 25% of its shares, is now valued at $40 billion. President Monica Long highlighted Ripple's strong financial position, stating the company is well-capitalized and prefers to maintain financial autonomy and strategic discretion rather than seeking public market exposure.