Jan 24, 2020
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Brad Garlinghouse Hints Ripple Labs May Conduct IPO This Year

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Ripple IPO

  • Ripple Labs may conduct an IPO this year, and if it does, its valuation would be around USD 10 billion

The CEO of Ripple Labs, Brad Garlinghouse, hinted that they may hold an initial public offering (IPO) this year. Specifically Garlinghouse said:

“I think over the next 12 months you’re definitely going to see IPOs in the crypto, blockchain space. I’m not sure we want to be first but we certainly don’t want to be last either, so I expect we’ll be on the leading side of that, not the lagging side.”

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