Ripple, one of the most innovative technology companies in the United States, is offering investors another opportunity to invest in their pre-IPO shares. Linqto, a platform that grants potential investors access to private companies, has announced that Ripple pre-IPO shares are once again available for purchase.
This is the second time this month that Ripple pre-IPO shares have been made available on the platform, following a previous sellout. The high demand for these shares is a clear indication of investor interest in Ripple. Linqto made the announcement on their X (formerly Twitter) page, stating that Ripple operates RippleNet, a global blockchain-based payments network that utilizes the XRP Ledger to clear and settle cross-border payments more efficiently and cost-effectively than traditional payment systems.
In addition to providing access to various companies, Linqto also offers portfolio monitoring and educational resources to help investors understand the private equity market.
Ripple has shown interest in going public in the past, with CEO Brad Garlinghouse stating that they would pursue an initial public offering (IPO) after reaching a settlement with the U.S. Securities and Exchange Commission (SEC). However, recent events suggest that Ripple may be moving closer to an IPO despite the ongoing legal action.
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Just a few months ago, Ripple conducted a private roadshow where they met with numerous Wall Street investors who demonstrated interest in the company’s IPO. This roadshow further fueled speculation about Ripple’s intentions to go public.
Further speculation has arisen from a recent job posting by Ripple Labs for a “Shareholder Communications Senior Manager.” The selected individual for this role will be responsible for developing and executing communication strategies for investors, shareholders, and analysts. While Ripple has not officially confirmed these rumors, the job posting has captured the attention of investors and the XRP community.
Analysts have painted a bullish picture of Ripple’s potential valuation if they were to proceed with an IPO. Linda P. Jones, a respected Wall Street veteran, believes that if Ripple were to achieve a valuation similar to Coinbase ($86 billion) and considering their $21 billion XRP holdings, the combined valuation could reach an impressive $107 billion, nearly 20 times its current market value.
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In conclusion, Ripple pre-IPO shares are back in stock on the Linqto platform, providing investors with the opportunity to invest in one of the most innovative technology companies in the US. The potential for Ripple to go public has been fueled by their private roadshow and recent job postings, sparking speculation among investors. If Ripple does proceed with an IPO, analysts believe the company could achieve a valuation nearly 20 times its current market value.
