The post Speculations Surrounding Ripple’s Possible IPO and Rebranding Stir the Crypto Community appeared first on Coinpedia Fintech News
On October 14, a tweet from the famed XRP influencer Wrath of Kahneman (WoK) sparked significant discussion on platform X regarding the potential restructuring of Ripple in anticipation of an Initial Public Offering (IPO).
WoK outlined a scenario where Ripple could transition its cross-border payment operations to a subsidiary to clarify payment licensing, creating a distinction between the brand and #XRP. This narrative deviates from previous identifications of Ripple as solely a payments company.
WoK’s initial tweet was soon followed by another, painting a brighter outlook for XRP. He speculated that such a move could pave the way for XRP to evolve as a standalone entity dedicated solely to advancing its payment functionalities.
Despite Ripple’s current US base, WoK suggested a potential overseas registration, which could offer tax benefits.
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