Experts indicate that the legal case between the SEC and Ripple could be a turning point for the company's future.
Ripple's IPO and Investment Plans
Following the case's conclusion, Ripple aims to accelerate its IPO plans. Experts highlight that stock repurchases have increased the company's value to $11.3 billion, creating new investment opportunities. The IPO could fortify Ripple’s financial stance, enabling larger-scale projects.
Banks and Digital Currency Projects
Ripple currently operates with over 300 banking partners, including Bank of America, American Express, and Santander. It is expected that larger financial institutions will join RippleNet after the case ends. Central bank digital currency projects, developed on the XRP Ledger, also play a crucial role.
Partnerships and Market Influence
Experts emphasize that if Ripple overcomes legal hurdles, it will greatly expand its influence in the financial sector by swiftly engaging in new partnerships. However, these expectations hinge on the case's official outcome.
Ripple's legal case could significantly impact the cryptocurrency market, unlocking new growth and expansion opportunities for the company.
