TechFlow reported on January 7 that according to Coingape, Ripple CEO Brad Garlinghouse stated the company's previous valuation of $11 billion is now "severely outdated," driven by the rising price of XRP and increasing demand for Ripple’s blockchain solutions. He noted that Ripple’s holdings of XRP are now worth over $100 billion, becoming a key factor reshaping the company's valuation outlook. Ripple was last valued at $11 billion in early 2024, when the company repurchased $300 million worth of shares.
Garlinghouse pointed out that compared to crypto-related firms like MicroStrategy, Ripple’s trading value in the private market remains significantly below its net asset value. He said, "Our XRP holdings are worth over $100 billion, and while MicroStrategy trades at three times its net asset value, Ripple has been consistently undervalued." In the interview, Garlinghouse reiterated the company’s focus on the B2B sector—including banks, payment providers, and enterprises—where Ripple offers solutions such as custody and cross-border payments. He also emphasized that its stablecoin RLUSD will leverage XRP rather than replace it, enhancing liquidity and opening up more possibilities for utilizing Ripple’s decentralized exchange (DEX) and automated market maker (AMM) functionalities.
Ripple’s growth has also benefited from shifts in the regulatory landscape. Garlinghouse believes that the departure of SEC Chair Gary Gensler and increased regulatory clarity under the new administration represent a "turning point" for Ripple. He added, "The winds have changed. Although 95% of our clients are outside the U.S., I expect renewed interest from the U.S. in the coming months."
