Ripple avoids a U.S. IPO due to regulatory uncertainty, particularly the SEC’s hostility.
Ripple’s diverse political affiliations include XRP donations to Donald Trump’s 2024 campaign.
Ripple CEO, Brad Garlinghouse, has stated that the company has no plans to go public in the US. The challenging regulatory environment, particularly the SEC’s harsh treatment of cryptocurrency startups like Ripple, is a major driving force behind this decision.
BREAKING: Ripple CEO States The Company Has No Plans For United States IPO!
Ripple CEO @bgarlinghouse said the San Francisco-based company has no interest in a U.S. IPO, due to what he believes is SEC hostility toward crypto.
Overall, Garlinghouse said he is more… pic.twitter.com/WJwB24e3FU
— Good Morning Crypto (@AbsGMCrypto) September 6, 2024
Ripple CEO Urges Caution in U.S. Crypto Operations Amid SEC Conflicts
Garlinghouse highlighted the SEC’s conflicting actions in authorizing Coinbase’s public listing and then bringing
