Ripple Chief Says Billion-Dollar Crypto Startup Will Launch IPO But Timeline Is Uncertain

Ripple CEO Brad Garlinghouse says it’s only a matter of time before the San Francisco payments startup goes public.

At the World Economic Forum’s annual meetup in Davos, Switzerland, Garlinghouse told a panel he expects crypto initial public offerings to pop up over the next year, and Ripple will be on the “leading side” of a new phase for the cryptocurrency industry at large.

“In the next 12 months, you’ll see IPOs in the crypto/blockchain space. We’re not going to be the first and we’re not going to be the last, but I expect us to be on the leading side… It’s a natural evolution for our company.”

Ripple recently raised $200 million in a Series C funding round that valued the company at $10 billion. Read More...

Crypto Startup Will Launch IPO


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