Ripple (XRP) Will Go Public After SEC Lawsuit

During an earnings presentation call, Yoshitaka Kitao, the CEO of Japanese financial giant SBI Group, said that Ripple would go public, adding that co-founder Chris Larsen wants the company to move in such a direction:

After the current lawsuit, Ripple will go public…Chris wants to do that.

Ripple CEO Brad Garlinghouse claimed that his company would be “on the leading” side of the IPO boom back in Davos in January 2020:

In the next 12 months, you’ll see IPOs in the crypto/blockchain space. We’re not going to be the first and we’re not going to be the last, but I expect us to be on the leading side… it’s a natural evolution for our company.

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