Ripple Now Ranks Ninth Among the Largest Private Firms Globally With a $50 Billion Valuation

Ripple has moved into ninth place among the world’s largest private companies, with its valuation now estimated at $50 billion

For context, recent reports indicate that Ripple’s valuation increased by about 25% from its $40 billion post-money valuation in the fourth quarter of 2025

While the company has not officially confirmed the new figure, multiple private-market assessments show an increase from Q4 2025 figures. The recent valuation places it among the top 10 largest unicorns globally, a list that includes top American giants such as SpaceX and OpenAI.

Key Points

• Ripple’s valuation is estimated at $50 billion in early 2026, up about 25% from its $40 billion post-money valuation in Q4 2025.
• Ripple now ranks ninth globally, standing alongside private leaders like SpaceX at $1.5 trillion and OpenAI at roughly $830 billion.
• The company raised $500 million in November 2025 at a $40 billion valuation, led by Fortress Investment Group and Citadel Securities.
• Total historical funding exceeds $800 million, with some estimates nearing $893 million across all funding events.
• Ripple executives, including President Monica Long, have repeatedly stated there is no plan or timeline for an IPO, citing strong capital access and a preference to remain private.

How Ripple Compares to the Largest Private Firms

Notably, Ripple now sits just below several of the most valuable private companies in the world. SpaceX leads the global rankings with an estimated valuation of about $1.5 trillion, making it the most valuable private company and one of the most anticipated IPO candidates of 2026

OpenAI follows with an estimated valuation near $830 billion, due in large part to a $40 billion funding round led by SoftBank and long-standing support from Microsoft and other major investors.

Ripple Ranks Ninth Among Largest Unicorns GloballyMeanwhile, ByteDance, which operates TikTok, ranks third at approximately $480 billion. Other companies ahead of Ripple include Anthropic at about $230 billion, Databricks at $160 billion, Stripe at $120 billion, Revolut at $90 billion, and Shein at $55 billion. Canva matches Ripple at around $50 billion

Unlike its peers in artificial intelligence, fintech, and e-commerce, Ripple stands out on the list as the only blockchain-based payments infrastructure firm within the global top ten.

Ripple’s Valuation History

Ripple’s current valuation comes from several years of critical capital decisions. For instance, in 2022, the company repurchased shares at an implied valuation of around $15 billion

Also, in early 2024, Ripple carried out another share repurchase at an $11.3 billion valuation. Meanwhile, by November 2025, Ripple raised $500 million through a strategic equity investment that valued the company at $40 billion post-money.

Affiliates of Fortress Investment Group and Citadel Securities led the deal, with Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace also participating. This marked Ripple’s largest capital raise since 2019 and followed the resolution of its legal dispute with U.S. regulators.

Ripple’s total historical funding now exceeds $800 million, with some estimates placing the figure close to $893 million based on aggregated industry data. Recent estimates now suggest that the valuation has increased from $40 billion in Q4 2025 to $50 billion, making Ripple the ninth-largest unicorn globally.

Ripple’s Firm Position on Staying Private

Despite its rising valuation and growing global profile, Ripple executives have consistently ruled out a near-term initial public offering. In November 2025, Ripple President Monica Long stated clearly that the company had no plan and no timeline to go public. She confirmed this again in January 2026.

Long explained that Ripple does not need access to public market capital to support its growth. She called attention to the company’s strong balance sheet and continued backing from existing and new investors as sufficient for long-term expansion.

Earlier comments from CEO Brad Garlinghouse, suggested Ripple might consider an IPO once regulatory clarity emerged. However, more recent statements have replaced that view. Ripple now treats a public listing as a low priority.