Garlinghouse Shoots Down 2025 IPO Rumors; Analysts Still Bullish on XRP
- Ripple CEO confirms no IPO in 2025 due to low capital needs
- XRP consolidation phase ending; breakout targets $3.75 to $5.85
- Analysts predict XRP could reach $15 after a possible Ripple IPO
Ripple CEO Brad Garlinghouse has poured cold water on speculation that the company will go public in 2025, clarifying that there are no immediate plans for an initial public offering (IPO).
Speaking at an event, Garlinghouse was asked whether Ripple would pursue a public listing this year. He responded candidly, saying, “What I will say right now, I’ve said publicly: the reality is, most companies go public to raise capital. We haven’t needed to raise capital, and so that has not been a driving force for us.“
Why Isn’t Ripple Going Public
Garlinghouse also pointed to the historically unfavorable regulatory climate in the U.S. as a reason Ripple hasn’t moved toward an IPO. “Until recently, the U.S. market has been very hostile. Why would we even try to have that conversation?” he said.
BREAKING
Brad Garlinghouse: Ripple doesn’t need to raise capital. There’s no IPO in 2025, we haven’t needed outside funding. $XRP
This is a power move. Ripple isn’t c…
The post Garlinghouse Shoots Down 2025 IPO Rumors; Analysts Still Bullish on XRP appeared first on Coin Edition.
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Garlinghouse Shoots Down 2025 IPO Rumors; Analysts Still Bullish on XRP
- Ripple CEO confirms no IPO in 2025 due to low capital needs
- XRP consolidation phase ending; breakout targets $3.75 to $5.85
- Analysts predict XRP could reach $15 after a possible Ripple IPO
Ripple CEO Brad Garlinghouse has poured cold water on speculation that the company will go public in 2025, clarifying that there are no immediate plans for an initial public offering (IPO).
Speaking at an event, Garlinghouse was asked whether Ripple would pursue a public listing this year. He responded candidly, saying, “What I will say right now, I’ve said publicly: the reality is, most companies go public to raise capital. We haven’t needed to raise capital, and so that has not been a driving force for us.“
Why Isn’t Ripple Going Public
Garlinghouse also pointed to the historically unfavorable regulatory climate in the U.S. as a reason Ripple hasn’t moved toward an IPO. “Until recently, the U.S. market has been very hostile. Why would we even try to have that conversation?” he said.
Brad Garlinghouse: Ripple doesn’t need to raise capital. There’s no IPO in 2025, we haven’t needed outside funding. $XRP
This is a power move. Ripple isn’t c…
The post Garlinghouse Shoots Down 2025 IPO Rumors; Analysts Still Bullish on XRP appeared first on Coin Edition.
Read More