Ripple up 15% in news it wants to go public

Ripple CEO Brad Garlinghouse said the San Francisco-based payment initiative plans to go public after the legal fight with the US Securities and Exchange Commission (SEC) ends. XRP Goes Public In an interview at the Consensus 2021 event, Garlinghouse praised Coinbase after the crypto exchange entered Nasdaq in April. Ripple's own cryptocurrency XRP rose by 14.88% to $ 1, although it appears to be in decline overall. XRP is currently trading at $ 1.02 and has a market cap of $ 44.21 billion. To put this in perspective, the price of XRP has increased by 390% last year. Garlinghouse said Ripple is considering continuing with the plan to launch an IPO, but will have to wait until the case with the SEC is over. "I think the chances of Ripple becoming an exchange traded company are very high at some point. I think in the middle of an SEC case, you know we need to close this and the SEC approves an S1, after you have the closing and clarity and the regulatory certainty we've been looking for for a long time. In January 2020, Garlinghouse announced its public offering plan as Ripple predicts that an IPO in the crypto space will occur within the next 12 months. So far, he has formally filed a complaint against the payments giant claiming that XRP / USD has risen above $ 1 following the news of its intention to go public Source: TradingView Related Article | Ripple (XRP) Turns Green, Here's Why The Bulls Trace The $ 2 News The Ripple SEC's This current XRP price increase while Stopping Access to Legal Documentation, Ripple's United States Securities It comes after another small victory in his battle with the Meats and the Exchange Commission. (SEC). Ripple has managed to prevent the SEC from obtaining any legal paperwork from the company as requested.

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