Comparison to Meta (Facebook) and Other Major IPOs
The topic of ripple‘s potential Initial Public Offering is not new. This was a possibility that was heavily discussed among the owners.
But recently the company’s CEO, Brad Garlinghouse, made clear that taking the company public is not a priority. However, he also said that they are actively exploring markets outside the US for an IPO due to the unfavorable regulatory environment in the US.
That doesn’t stop analysts and community members from speculating about its potential size.
Zach Rector, a well-known community member on X who specializes in covering the financial markets, recently took to the social media platform to address the issue. speculate About the potential size of a future Ripple IPO.
First, he gave an example of the largest IPOs in history, including Saudi Aramco (which raised $25.6 billion), Alibaba ($21.8 billion), Softbank, Visa, Meta (Facebook) and others.
Rector gave numerous examples and arguments as to why a potential Ripple IPO would be significant, including that the company is part of an innovative industry with transformative potential, an impressive roster of leading experts, and the amount of XRP Ripple has in Escrow . .
Recently, the company completed a $285 million buyback at a valuation of $11 billion.
He also said that there are future catalysts that could seriously tip the scales in Ripple’s favor in terms of how big the IPO could be. So he talked about the lawsuit filed against the U.S. Securities and Exchange Commission and its possible positive outcome.
He believes this, along with the fact that Ripple is “strong from a cash flow perspective,” will signal great strength to investors.
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