Ripple's $11 billion valuation is 'outdated', could IPO by the end of 2025
Ripple has made optimistic forecasts about its future under new leadership and amid the strong rise in the value of XRP. According to Ripple's CEO, Brad Garlinghouse, the company's previous valuation of $11 billion has become outdated as the value of XRP held by Ripple has surpassed $100 billion. Currently, XRP is trading at $2.44, with an increase of over 18% in the past week.
An important prediction mentioned is the possibility that Ripple will execute an IPO (initial public offering) by the end of 2025 or early 2026. Lawyer John Deaton has commented that the timing of Ripple's IPO depends on how the new SEC Chairman, Paul Atkins, operates. He believes that the lawsuit between Ripple and the SEC could reach a resolution by early 2025, paving the way for the company's IPO.
Garlinghouse also emphasized that the company is well-positioned to develop a new stablecoin, Ripple USD, and mentioned the importance of enhancing liquidity in the XRP ecosystem. He is optimistic that the new administration will promote more cryptocurrency-friendly policies, helping to improve the business environment for companies like Ripple. The company has witnessed strong growth with 95% of their clients being financial institutions outside the U.S., indicating a significant shift in the market that Ripple is targeting.
In this context, Ripple's valuation and IPO prospects are becoming a topic of great attention and expectation in the cryptocurrency investment community.
