Ripple Labs Chief Technology Officer David Schwartz believes that if Ripple were established outside the United States, the company would have gone public a long time ago. Ripple's trajectory of withdrawing from the IPO was completely unexpected. Previously, the CTO mentioned that he was looking forward to Ripple's IPO.The CTO's statement was made during a debate with another XRP community member about why Ripple is not going public. According to the user, Ripple Labs issued XRP tokens to replace the IPO, indicating that the company is more inclined to raise funds through tokens rather than an IPO.Previously, bestselling author and Wall Street investor Linda Jones predicted that Ripple will launch its IPO next year. Jones said mid-May would be an ideal time, around May 15th. (Coinedition)

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