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Ripple IPO Prospects Strengthen as SEC Reevaluates Stance Under New Leadership

by aria-crypto.com

January 7, 2025 at 14:55

Ripple IPO Prospects Strengthen as SEC Reevaluates Stance Under New Leadership

Ripple CEO Brad Garlinghouse has expressed optimism for an IPO by 2026, fueled by potential changes in SEC leadership. Legal expert John Deaton predicts that the SEC might drop its appeal against Ripple, influenced by the impending appointment of Paul Atkins as chairman. This move could mitigate ongoing legal and reputational risks for the SEC. The decision by U.S. District Judge Analisa Torres, which did not classify XRP’s secondary market sales as securities, supports Ripple's position, though it is specific to this case alone and not a broad precedent. Ripple’s proposed IPO and introduction of a stablecoin named "Ripple USD" aim to enhance XRP Ledger liquidity and appeal to global markets, with over 95% of Ripple's customers residing outside the U.S. These developments indicate a potential acceleration in Ripple's public offering timeline and underscore a shift towards more favorable conditions for digital assets under new regulatory leadership.

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