1. $XRP Yoshitaka Kitao has suggested that Ripple, a prominent enterprise blockchain company, could consider preparing for an initial public offering (IPO) once its legal issues with the U.S. Securities and Exchange Commission (SEC) are resolved. The SEC recently filed a notice of appeal in the ongoing case against Ripple, prolonging the legal battle. However, there is speculation that regulatory challenges could soon be raised, with some legal analysts predicting that the SEC could drop the appeal due to potential changes in its leadership.

    $

    Despite the ongoing legal uncertainty, there has been talk of a potential Ripple IPO. Ripple CEO Brad Garlinghouse has previously indicated that an IPO is not an immediate priority, citing the company’s strong financial position as a reason for delaying the move. However, he has not completely ruled out the possibility of a future IPO. In 2022, Garlinghouse explained that Ripple would consider an IPO after the SEC lawsuit is resolved, and he has expressed his vision for Ripple to eventually become a public company. In early 2020, he predicted that Ripple would go public within a year, but the SEC’s legal action has derailed those plans. For now, Ripple appears to be taking a cautious approach to its IPO ambitions, waiting for a clearer resolution to its legal situation.