Ripple is preparing for an IPO with a valuation nearing $40 billion as it expands partnerships with major banks. The public listing could boost Ripple’s visibility but is unlikely to have a lasting impact on its native token XRP. While an initial price surge for XRP may occur due to hype, the cryptocurrency’s value will ultimately depend on market factors, independent of Ripple’s stock performance.
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Ripple’s IPO Approaches $40 Billion Valuation: What It Means for XRP
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XRP
1.4517
+5.94%