In the wake of Ripple’s recent victory over a US regulatory body, people are discussing the possibility of a Ripple Initial Public Offering (IPO).
After a lengthy legal battle that lasted almost three years, the high court of the United States made an important decision: XRP is a digital asset with no security features. The respected US Securities and Exchange Commission (SEC), which regulates the stock market, fought hard against this huge win. The decision is a massive win for Ripple, the respected XRP community, and the vast world of cryptocurrencies as a whole.
Still, the excellent outcome of the court case has started people talking about Ripple’s future strategy plans, including the possibility of an Initial Public Offering (IPO).
From what I’ve learned, it looks like @ripple is about to start an Initial Public Offering (IPO) outside of the United States.
— Digital Asset Investor.XRP (@digitalassetbuy) July 14, 2023
People with a lot of influence in the XRP community are now saying that Ripple’s success in overcoming a big challenge from the US regulatory body and the subsequent reintegration of XRP into various cryptocurrency exchanges makes an Initial Public Offering (IPO) the next logical step in their journey.
What Does the IPO for Ripple Mean?
Ripple is a strong competitor in the blockchain business. With regulatory questions about XRP cleared up, an initial public offering (IPO) would give the company an excellent chance to take advantage of its growing impact and push the growth of its operations to new heights.
An Initial Public Offering (IPO) would be a big boost for Ripple, bringing in a lot of money and boosting its reputation as an adequately controlled business at the same time. The potential appeal of this development also lies in its ability to attract a broader range of investors, including institutional investors who have been cautious about entering the world of cryptocurrencies so far, mainly because they are worried about how regulations will work.
Even though Ripple hasn’t made an official statement about the ongoing talks about an initial public offering (IPO), it’s worth noting that Ripple’s esteemed CEO, Brad Garlinghouse, has in the past hinted that the company might move into public offerings, as The Crypto Basic pointed out.
Still, it’s essential to know that starting a public offering with an initial public offering (IPO) comes with many complicated legal and regulatory requirements. The initial public offering (IPO) process involves many ways, such as how carefully financial statements are made, how carefully due diligence is done, and how strictly securities laws and regulations must be followed.
When Might the Ripple IPO Happen?
In a June interview, John Deaton, a respected lawyer for XRP, talked about what he thought about the possibility of Ripple going public. According to a story from The Crypto Basics, Deaton said such an event could happen within a year after a clear win in the current lawsuit. According to Deaton’s estimate, Ripple’s value could reach a staggering $100 billion.
Linda Jones, a respected Wall Street financial expert, thinks that the Ripple initial public offering (IPO) should be timed so that the value of XRP stays within acceptable limits.
In April 2021, the respected CEO of SBI said that Ripple, a significant player in the world of cryptocurrencies, would make an Initial Public Offering (IPO) if their court fight with the Securities and Exchange Commission (SEC) went well.