Ripple CEO Brad Garlinghouse has softened the company’s position on a potential initial public offering (IPO), saying at the 2026 Wyoming Blockchain Symposium that Ripple has been "very happily private for a long time" but is now "more neutral" on going public. Ripple’s IPO debate began in early 2020, but the SEC (U.S. securities regulator) lawsuit became the main obstacle. Although Garlinghouse later said the likelihood of a public listing was "very high at some point," he also said the company needed to resolve the case and obtain regulatory clarity. After the SEC dropped its appeal in March 2025, he said Ripple "could consider" an IPO, while Ripple President Monica Long subsequently said the company had no immediate interest and later cited "no plan, no timeline." The latest comments suggest Ripple is no longer ruling out a public listing.