Ripple(XRP) may go public (IPO) in the next year

By Otek | Otek | 24 Jan 2020


Ripple, the company behind one of the biggest on - the-market cryptocurrencies, XRP, may file for an IPO within 12 months.

As the World Economic Forum 2020 is being held in Davos, Switzerland, the last few days have been quite busy. In a interview Brad Garlinghouse (Ripple's CEO) shared his thoughts about the industry, as well as the plans of the company.

We can find info from that interview on Ashees Birla Twitter

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So CEO expects that in a next 12 months there will be some IPO's on crypto/blockchain industry. Also as he mention he expects Ripple to be on the leading side, as a "natural evolution" for their company.

Going public (IPO) means that company stock will be available on the open market where the investors can buy it and become Ripple shareholders. 

A few cryptocurrency related companies tried to file an IPO in 2019, including Bitmain and Canaan, but the procedure has been really hard. But in my opinion it is just a matter of time when many big crypto/blockchain companies will be public

What do you think about that? Will Ripple achieved that in 2020?

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Otek
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Just what I think about different topics. Mainly about crypto but not only

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