Even though mainstream media will tell you that the crypto market is going through a Crypto Winter, there are signs that things may be thawing a bit. To date there haven’t been any crypto currency companies that have gone public, as in IPO’ed, but Ripple, the company behind XRP, has been making moves that has some people believing they are gearing up to go public.
Full disclosure: I’m a hodler of XRP
This article does a good job of laying out the facts, and then allowing readers like you to draw your own conclusions. Some of the moves Ripple have been making include:
- Ripple has been active in the M&A markets in the last year, which is common for companies before they go public.
- Many of the roles that Ripple has been hiring for are indicative of companies that are staffing up to be public facing companies, including roles for International Tax and Financial Risk.
- “Ripple’s protracted legal case with the U.S. regulator is gradually ending with successive victories against the SEC, such as the recent dismissal of the charges against Ripple’s executives. Therefore, the hindrances to Ripple going public via an initial public offering soon have lowered.”
Here Are Top Signs that Ripple is Preparing to Go Public with an IPO