Ripple, the blockchain company, is showing unmistakable signs of gearing up for an Initial Public Offering (IPO), with several indicators suggesting this major move.
A crypto educator and Ripple advocate, Lewis Jackson, has outlined these clear signals leading to speculation that Ripple is on the path to becoming a publicly traded company.
Key Indicators of an Impending Ripple IPO
Ripple has been actively creating roles for corporate positions, including Directors, Managers, and other key positions, which strongly hints at a future IPO. Furthermore, the company recently posted a vacancy for a Shareholder Communication Manager, reinforcing the notion of going public.
Further, Ripple’s engagement in mergers and acquisitions (M&A) activities is particularly evident through its notable acquisition of Metaco, a provider of institutional infrastructure for digital assets. Such M&A activity frequently aligns with the preparations made by companies gearing up for an initial public offering (IPO).
Moreover, Ripple has expanded its workforce with numerous job openings, primarily in its San Francisco headquarters, as well as in New York and London. This expansion suggests that Ripple might be considering listing on major stock exchanges like the New York Stock Exchange (NYSE) or the London Stock Exchange (LSE).
The company has ramped up its marketing endeavors, including advertising during the Premier League, a prominent football championship league. Such marketing initiatives often precede companies going public.
Awaiting Official Confirmation
While Ripple has not made an official announcement regarding its IPO plans, anticipation is also building that the company may reveal significant details. Lastly, the upcoming event, Swell, scheduled to take place in Dubai could potentially provide clarity on Ripple’s intentions to go public.
Speculators may have considered the Swell event in Dubai as a platform where Ripple could potentially shed light on its intentions to go public, given its significance and the attention major announcements draw in such events. However, it is essential to confirm any updates or information regarding Ripple’s IPO plans through official announcements made by the company or its representatives.