RIPPLE NEWS

Market experts analyzed the possibility of Ripple’s IPO to become successful.

Ripple is going to make an IPO, however, there is a problem with litigation with the SEC. Market experts analyzed the real possibility of Ripple’s IPO to become successful.

Ilman Shazhaev, the CEO & Founder of Farcana, told:

Investors will definitely be interested in investment products based on XRP, and it does not matter whether it will be stocks or ETF on the coin itself. Ripple has every chance to complete this IPO if it settles the matters with the SEC.

Farah Mourad, the Senior Market Analyst at XTB MENA, remarked and explained:

To facilitate cross-border payments. Ripple’s XRP network cryptocurrency is among the top 10 cryptocurrencies in the world and is compliant with the new ISO20022 payment standard, which will replace the outdated SWIFT system by 2025. The company is focused on optimizing its primarily interbank payment systems but has been in a long-running court dispute with the U.S. Securities and Exchange Commission (SEC). Recently, news has been coming out that could ease supply pressure and reverse sentiment.

In the future, Ripple will consider a number of acquisitions in the fintech and blockchain industries. RippleNet made the case that Asian fintech startup, Nium has recently financially connected the Americas with countries in Southeast Asia and Australia allowing payments to be settled there faster with small fees in XRP tokens. Ripple also discussed a potential partnership with the Prime Minister of Georgia, where tokens could make everyday life easier for citizens and make investments in Georgia more attractive and accessible

He emphasized in this way that the acquisition strategy could help implement the IPO plan.