Ripple (XRP), a prominent cryptocurrency, is offering a unique investment opportunity to XRP proponents and the crypto community. Linqto, an investment platform, has reopened the Ripple pre-IPO stock investment for US customers, allowing them to invest in Ripple before the company potentially goes public. This news comes after months of speculation about Ripple’s plans to go public, following in the footsteps of Coinbase, another high-profile crypto firm that recently went public.
The announcement from Linqto confirms that Ripple shares are now available on their platform. Linqto’s mission is to democratize access to private market investments, and they remain committed to providing all investors with the opportunity to invest in Ripple. This is the second time that Ripple shares have been offered, as the initial window was already sold out.
Ripple has been rumored to be considering an IPO for a few years now, with Ripple CEO Brad Garlinghouse stating in 2022 that the company was exploring this option once its legal battle with the Securities and Exchange Commission (SEC) was resolved. SBI Group, a major stakeholder in Ripple, has also expressed similar sentiments. An IPO for Ripple has been delayed due to the ongoing SEC lawsuit, but talks of a possible settlement have reignited speculation about an impending IPO.
If Ripple were to go public, market experts believe that the company’s valuation could increase significantly, potentially reaching 20 times its current market value. Linda P. Jones, a respected Wall Street veteran, has suggested that Ripple could be valued at $86 billion, considering its $21 billion XRP holdings. In this scenario, the combined valuation of Ripple could reach an impressive $107 billion. Additionally, if the price of XRP surges to its all-time high of $3.60, the company’s valuation could soar to $126 billion. These predictions are supported by reports that Ripple hosted a private “road show” to generate interest in an IPO, which was attended by reputable institutional investment firms.
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Investors interested in purchasing Ripple shares through Linqto should be aware that the current price is $60, a significant increase from the previous offering of $35. The minimum investment requirement is $2,500, with a discount offered for investments exceeding $10,000. While the offering is open to US customers, it may be subject to local laws in other jurisdictions.
It is important to note that this information is for informational purposes only, and readers should conduct their own research before making any investment decisions. Crypto News Flash does not endorse or take responsibility for any content, accuracy, quality, advertising, products, or other materials mentioned in this article. Readers are advised to exercise caution and seek professional advice when dealing with cryptocurrencies.
In conclusion, the opportunity to invest in Ripple’s pre-IPO stock is an exciting prospect for XRP proponents and the crypto community. With the potential for Ripple to go public and the company’s impressive XRP holdings, investors could see significant returns on their investment. However, it is crucial to approach investments in cryptocurrencies with caution and conduct thorough research before making any decisions.
