• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple: Company's Valuation and IPO Plans

user avatar

by Giorgi Kostiuk

a year ago

Ripple is considered one of the most promising cryptocurrency companies. Recently, its CEO mentioned holding $100 billion in XRP, prompting a reassessment of the company's valuation and IPO plans.

Ripple's Actual Valuation

Garlinghouse dismissed the $11 billion valuation of Ripple from early 2024 as outdated, emphasizing the importance of considering XRP holdings when determining its true valuation.

IPO Plans and SEC Challenges

Garlinghouse noted the challenges faced from the SEC as a reason for not considering an IPO. However, with a new more pro-crypto chairman expected, the company may reconsider its IPO plans.

Ripple USD Excitement

Garlinghouse emphasized the growing demand for Ripple's custody solutions and blockchain products. RLUSD has created significant excitement in the cryptocurrency market, and many believe Ripple could lead as a blockchain infrastructure provider.

With $100 billion in XRP and growing demand for its solutions, Ripple is well-positioned to strengthen its leadership in blockchain solutions for financial institutions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Apeing Gains Traction Among Upcoming Crypto Coins

chest

Apeing is gaining attention with its unique whitelist model and early-stage pricing strategy, focusing on rewarding early participants and providing a clear entry point for traders.

user avatarLucas Weissmann

SEC Approves Tokenization of Securities, Boosting XRP Ledger

chest

The SEC has approved the tokenization of stocks and bonds on blockchain, significantly impacting financial markets and boosting the XRP Ledger.

user avatarFilippo Romano

BBVA Boosts AI Capabilities with 11,000 ChatGPT Licenses

chest

BBVA has expanded its ChatGPT Enterprise licenses to 11,000 to enhance customer service and employee productivity.

user avatarEmily Carter

BBVA Targets 3-Hour Weekly Savings for Employees Through AI

chest

BBVA's integration of artificial intelligence into its banking operations is projected to save employees up to three hours each week on routine tasks.

user avatarKaterina Papadopoulou

Hyperliquid Strategies Announces $30 Million Stock Buyback Program

chest

Hyperliquid Strategies has announced a stock repurchase program of up to $30 million over the next 12 months to support its share price and increase exposure to its HYPE token treasury.

user avatarTomas Novak

BBVA and OpenAI Join Forces to Revolutionize Banking with AI

chest

BBVA has partnered with OpenAI to enhance banking operations through AI technologies, launching their collaboration in May 2024.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.