.bgarlinghouse says that Ripple will eventually go public
In January 2020, Garlinghouse told the Wall Street Journal that Ripple could go public within 12 months. However, the SEC lawsuit threw a wrench into the works for the company’s IPO ambitions.
Coinbase, the leading U.S. exchange, stole the spotlight with its widely covered public debut in April 2021. While regulatory woes made it challenging for Ripple to do business in the U.S., the company’s business continues to thrive abroad. The valuation of the distributed ledger data provider has now reachedGarlinghouse says that Ripple says that it is in a “great position” at the start of 2022. He also feels “incredibly optimistic” about the broader cryptocurrency industry despite the ongoing cryptocurrency market correction.
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