XRP ETF by 2025 & Ripple IPO ‘Possible,’ Says Garlinghouse
The post XRP ETF by 2025 & Ripple IPO ‘Possible,’ Says Garlinghouse appeared on BitcoinEthereumNews.com.
Following reports that the US Securities and Exchange Commission (SEC) has walked away from its lawsuit against Ripple Labs, Brad Garlinghouse has hinted that XRP ETF could be launched before the end of the year. Garlinghouse also confirmed a possible launch of an Initial Public Offering (IPO); however, he clarified that this is not a high priority. Ripple CEO Brad Garlinghouse has hinted that the spot XRP Exchange Traded Fund (ETF) applications could be approved and officially launched before the end of 2025. Speaking in an interview with Bloomberg, Garlinghouse confirmed the tall list of applications pending with the US Securities and Exchange Commission (SEC). Fascinatingly, his comment did not end with the ETF as he also disclosed the possibility of the company launching an Initial Public Offering (IPO). I have immense confidence in the ETFs. Something is possible; it isn’t a huge priority. Meanwhile, the Ripple boss had clarified in a 2024 interview with Thinking Crypto podcast host Tony Edward, that “an IPO has not been a high priority for the company.” According to him, most companies who pursue IPO do so to raise capital. However, finance is not an issue with Ripple, considering its current position. In that discussion, the Ripple boss explained that the company has, over the years, invested in various projects while making key acquisitions. Additionally, he cited its multi-year legal battle with the SEC as another reason it could not pursue an IPO yet. We have a hostile SEC and regulatory environment in the U.S. Second, we don’t need to raise capital, so the idea of going public has been on the back burner. Prior to that, Wall Street expert Linda P. Jones had hinted that Ripple’s IPO could be launched around June 2024, as indicated in our previous discussion. However, this prediction “failed…
Filed under: News - @ March 21, 2025 8:26 am