At the current Swell conference, Ripple CEO Brad Garlinghouse resolved the possibility of the business going public. When asked about a prospective IPO in light of regulative clearness anticipated next year, he clarified, “An IPO has not been a high concern for us. Part of that is duetothefactthat the SEC is not our goodfriend.”
In an interview with Thinking Crypto, he stated that most business lookfor to go public mainly to raise capital. In contrast, Ripple has kept a strong monetary position, permitting it to invest in numerous tasks and make acquisitions without the instant requirement for public financing. “We have a hostile SEC and a business that doesn’t requirement to raise capital,” he stated, discussing why an IPO is not at the leadingedge of Ripple’s program.
Garlinghouse did acknowledge the value of makingsure liquidity for investors and preserve