• 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

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Garlinghouse dismissed the $11 billion valuation of Ripple from early 2024 as outdated, emphasizing the importance of considering XRP holdings when determining its true valuation.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

Ethereum and BNB Maintain Strong Positions in Crypto Market

chest

Ethereum and BNB are highlighted as solid investments for 2025, with Ethereum's upcoming upgrades and BNB's ecosystem support.

user avatarTenzin Dorje

ERC8004 Standard Revolutionizes Crypto Transactions

chest

The ERC8004 standard was introduced to address trust issues in crypto transactions by creating an on-chain Agent-to-Agent protocol.

user avatarElias Mukuru

x402 Protocol Transforms Payment Execution in Crypto

chest

The x402 protocol converts HTTP 402 status codes into a micropayment rail for APIs and machine-to-machine transactions.

user avatarBayarjavkhlan Ganbaatar

ERC8004 and x402 Protocols Create a New Era for Crypto Agents

chest

The integration of ERC8004 and x402 protocols marks a significant advancement in the crypto ecosystem, enabling seamless interaction and payment processes for crypto agents.

user avatarMohamed Farouk

US-China Trade Agreement Achieves Major Tariff Reductions

chest

The recent trade agreement between the US and China results in significant tariff reductions, easing trade tensions.

user avatarDiego Alvarez

Senate Stalemate Threatens Federal Pay and Market Stability

chest

The Senate's failure to pass the Shutdown Fairness Act has halted progress on reopening the US government, affecting federal employees and contractors.

user avatarKenji Takahashi

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.