Ripple’s ecosystem is growing with potential, new possibilities and developments that will reshape the entire ecosystem. John E. Deaton has created a timeline of the Ripple initial public offering, indicating a possible launch date.
Please Read This: Ripple’s RLUSD Outshines PayPal and Euro: Could RLUSD Hit $1.80?
Ripple IPO in the Works?
John E. Deaton is Ripple’s pro-crypto attorney and he expects an IPO in the very near future. Deaton went on X and shared the details about a potential Ripple IPO, after quoting XRP’s Brad Garlinghouse’s statements regarding factors that prevent Ripple going public.
“@Ripple didn’t prioritize going public because that really didn’t make any sense. Under the previous SEC administration; maybe that changes in the future—@bgarlinghouse.”
Deaton then went on to talk about a couple of legal cases that might finally be resolved once Paul Atkins becomes the SEC’s new chair. Ripple’s pro-crypto attorney predicted Atkins’s role as a key player in ending Ripple’s year-long spat with US SEC.
Please Read This: Bitcoin Reclaims $101,000: Will BTC Hit $140,000 Next?
“@Ripple didn’t prioritize going public because that really didn’t make any sense under the previous SEC administration, maybe that changes in the future.”
—- @bgarlinghouseI’ve already stated that I believe we see a Ripple IPO either in the last quarter of 2025 or the 1st… https://t.co/mEHkIqpkCb
— John E Deaton (@JohnEDeaton1) January 6, 2025
“The timing depends on how aggressive Paul Atkins is as SEC Chairman. I predict the appeal gets withdrawn, Ripple pays the fine, and the case is over. If Atkins is confirmed quickly, this could happen in the 1st quarter. But because Washington moves slowly, it will likely happen in the 2nd quarter.”
Atkins, it is believed, will also play a key role in the SEC’s decision to approve the ETFs based on XRP that have been submitted since last year. But official clarifications still haven’t arrived.
What is the IPO timeline? When can a company go public?
Deaton, when asked about a timeline specific to launching a Ripple initial public offering (IPO), added that Ripple could finally become publicly traded in the final quarter of 2025. Later, he revealed that the timeline may also include the 1st quarter of 2026.
“I’ve already stated that I believe we see a Ripple IPO either in the last quarter of 2025 or the 1st quarter of 2026.”
Please Read This: How High Will Cardano (ADA) Surge After Trump Takes Office?
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru
