Ripple, the company known for its XRP cryptocurrency, is reportedly preparing for an IPO, following Circle's successful debut on the NYSE. Crypto influencer Pentoshi has indicated that Ripple's valuation could be extremely high.
The buzz surrounding Ripple's IPO is building as it could coincide with expectations that it might happen as soon as late 2025 or early 2026. Currently valued at around $11.3 billion, Ripple's potential IPO factors in the market interest highlighted by Circle's impressive $16.6 billion valuation shortly after going public.
Despite no official statements from Ripple, the timing of this speculation aligns closely with events in the broader market. Circle’s debut has prompted many crypto firms, Ripple included, to reassess their public listing strategies. XRP's market cap currently hovers around $132.68 billion, but predicting Ripple's IPO value isn't straightforward because XRP is treated separately from Ripple's corporate valuation.
Pentoshi's comments on social media prompted discussions among industry participants, with varying opinions on how an IPO might affect XRP's price. Some believe it may merely be a formality, while others anticipate a valuation that could dramatically shift market perceptions.
With ongoing legal concerns from the SEC potentially delaying or affecting IPO plans, the implications for Ripple's business strategy remain uncertain. Speculation around their intentions might influence market sentiment, causing ripples (pun intended) throughout the crypto space.
The buzz surrounding Ripple's IPO is building as it could coincide with expectations that it might happen as soon as late 2025 or early 2026. Currently valued at around $11.3 billion, Ripple's potential IPO factors in the market interest highlighted by Circle's impressive $16.6 billion valuation shortly after going public.
Despite no official statements from Ripple, the timing of this speculation aligns closely with events in the broader market. Circle’s debut has prompted many crypto firms, Ripple included, to reassess their public listing strategies. XRP's market cap currently hovers around $132.68 billion, but predicting Ripple's IPO value isn't straightforward because XRP is treated separately from Ripple's corporate valuation.
Pentoshi's comments on social media prompted discussions among industry participants, with varying opinions on how an IPO might affect XRP's price. Some believe it may merely be a formality, while others anticipate a valuation that could dramatically shift market perceptions.
With ongoing legal concerns from the SEC potentially delaying or affecting IPO plans, the implications for Ripple's business strategy remain uncertain. Speculation around their intentions might influence market sentiment, causing ripples (pun intended) throughout the crypto space.
