The murmurs in the crypto corridors have grown louder about the future of American fintech payments company Ripple Labs, which has been mired in a lawsuit with the U.S. Securities and Exchange Commission (SEC) since December 2020.
A Wall Street financial whiz has commented on the potential plans of Ripple to float an Initial Public Offering (IPO) in the coming year. Which begs the question: will the price of XRP hit $10 if Ripple conducts an IPO?
Ripple IPO Coming In May 2024?
Bestselling author and Wall Street expert Linda P. Jones has indicated that there may be a Ripple IPO next year.
Speaking during an interview with Linqto, Jones offered in-depth insights and expected dates for when Ripple might go public. She also shared her thoughts on the potential valuation of Ripple’s stock.
Ripple’s chief executive officer, Brad Garlinghouse, first floated the idea of going the IPO route back in 2020, when he indicated that the move…