According to CryptoPotato, Ripple's potential Initial Public Offering (IPO) has been a widely-discussed topic among holders. Despite Ripple CEO Brad Garlinghouse stating that taking the company public is not a top priority, he also mentioned that they have been actively exploring markets outside the US for an IPO due to the hostile regulatory environment in the States. This has not stopped analysts and community members from speculating on its potential size.
Zach Rector, a well-known community member specializing in covering financial markets, recently shared his thoughts on the potential size of a future Ripple IPO on social media. He cited examples of the largest initial public offerings in history, such as Saudi Aramco, Alibaba, Softbank, Visa, and Meta (Facebook). Rector provided several reasons why a potential Ripple IPO could be significant, including the company's involvement in an innovative industry with transformative potential, its impressive lineup of prominent experts, and the amount of XRP that Ripple owns in Escrow.
Ripple recently conducted a buyback worth $285 million, valuing the company at $11 billion. Rector also mentioned future catalysts that could tip the scale in Ripple's favor regarding the size of the IPO, such as the case against the US Securities and Exchange Commission and a potential positive outcome. He believes that this would signal strength to investors, along with the fact that Ripple is 'cashflow-strong'.
