RATE Group | Ripple CEO drops IPO hint, but XRP investors aren’t amused
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Ripple CEO drops IPO hint, but XRP investors aren’t amused

25 Jan Ripple CEO drops IPO hint, but XRP investors aren’t amused

Posted at 20:12h in Cryptocurrency News by

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XRP investors were surprised to hear Ripple CEO Brad Garlinghouse drop a bombshell comment during the World Economic Forum in Davos regarding the company potentially listing on the public markets in the near future.

This comment came close on the heels of news regarding the company raising a whopping $200 million from private investors, as well as reports regarding their Q4 XRP token sales being the smallest seen in nearly three years.

Although it remains unclear as to what implications a Ripple public listing could have on XRP, investors in the embattled token don’t seem to be too enthused about the news.

Brad Garlinghouse: Ripple to be on the leading end of blockchain-related IPOs

During a discussion at the Wall Street Journal’s “Journal House” panel in Davos Switzerland, the Ripple CEO made the comments regarding engaging in a public listing in the near future, telling the panel host that Ripple won’t be the first nor the last to go public, but that they will be on the…

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