Ripple IPO Buzz Generated

This is a news story, published by CoinGape, that relates primarily to Brad Garlinghouse news.

Brad Garlinghouse news

For more Brad Garlinghouse news, you can click here:

more Brad Garlinghouse news

crypto trading & speculation news

For more crypto trading & speculation news, you can click here:

more crypto trading & speculation news

CoinGape news

For more news from CoinGape, you can click here:

more news from CoinGape

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about

Ripple IPO prospect

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Ripple IPO news, potential IPO news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Ripple IPO Impact

CoinGape

•

How Could a Ripple IPO Impact the Crypto Market?

Summary

Nutrition label

77% Informative

Ripple CEO Brad Garlinghouse downplays immediate need for IPO , citing the company's strong financial position.

An IPO could increase Ripple ’s financial resources, but above all, the price of XRP may rise because increased visibility would engender investor confidence.

Business consultant Jake Claver said an IPO for Ripple Labs may shake the world like Amazon 's IPO did in 1997 .

He added that a Ripple IPO would finally give the company the war chest to scale business operations, expand into more markets, and execute strategic acquisitions.

Speaking about Ripple 's stablecoin, he indicated that their frequent use of USDT and USDC influenced the launch of RLUSD .

He also suggested that the SEC ’s ongoing appeal against Ripple is a tactic to obstruct the approval of XRP ETFs.

While the company still relies on other stablecoins for on-demand liquidity services, it plans to transition towards using RLUSD ..

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language