Ripple CEO Brad Garlinghouse revealed in an interview that Ripple owns over $100 billion worth of XRP tokens, which he believes should be considered when valuing the company. Garlinghouse also stated that Ripple has been trading at a significant discount to its net asset value in the secondary private markets. He dismissed a reported valuation of $11 billion from early 2024 as outdated. Garlinghouse criticized MicroStrategy's high premium to net asset value but expressed support for the company's success. He clarified that Ripple has not prioritized going public due to the previous SEC administration but predicted continued demand for Ripple's blockchain infrastructure and custody solutions. With the departure of anti-crypto SEC Chair Gensler, Ripple has experienced growing demand, which Garlinghouse described as exhausting. He also noted that most of Ripple's job offers are now in the US, a notable change from a year ago.



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