The post Ripple Contemplates Going Public as SEC Lawsuit Edges Closer to Resolution appeared first on Coinpedia Fintech News
Ripple Labs, the creator of XRP, is speculated to be contemplating a leap onto the public stage, according to a revelation from Eleanor Terrett, a distinguished Fox Business correspondent.
The Road to Public Listing
The company hosted an exclusive “roadshow” in April, a strategic maneuver traditionally utilized as a precursor to an Initial Public Offering (IPO). The event reportedly attracted a who’s who of institutional investment behemoths from Wall Street, suggesting an unmistakable interest in the potential IPO.
Ripple’s cryptic roadshow came amid a grueling two-year legal skirmish with the SEC, a fight that has drained more than $200M from Ripple’s coffers. Despite this, whispers of a resolution by June are swirling within the industry, with high-profile figures such as Ethereum and Cardano founder Charles Hoskinson joining the chorus.
The Impe
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