Wall Street Veteran Says Ripple IPO Is Coming – Here’s When

Share This Post

A Wall Street financial specialist has made a compelling case for Ripple’s IPO, predicting that the crypto payments provider would launch its IPO in the coming year. 

Ripple IPO Imminent

Bestselling author and Wall Street investment expert, Linda P. Jones, recently made an appearance as a speaker at Linqto, a leading global financial investment platform. 

In her interview with Linqto, Jones went deep into her financial views of the XRP token. She also gave detailed insights and specific dates for the expected launch of Ripple’s Initial Public Offering (IPO). 

Jones announced her session with Linqto in an X post on Friday. She outlined several aspects of her interview including how she believed the Ripple would go public soon and what her thoughts were on the value of the stock market. 

“Here is my interview with Linqto today. We talked about when Ripple might go public, my back-of-the-envelope calculation for what the stock might be worth, and potential acquisition targets,” Jones stated

The Wall Street financial expert emphasized that Ripple’s IPO could have far-reaching impacts and potential on the development of the Ripple ecosystem, while also encouraging the growth value of the XRP token. 

Jones predicted that the IPO would most likely be launched around May 15, 2024. She stated that the timeline would be the most ideal for the crypto payments network. Jones has also stated that if the IPO does not take place in 2024, then it would probably get delayed until 2025. 

“I think there’s an opportunity if Ripple wants to go public next year, that mid-May would be an ideal time, right around May 15,” Jones said. She added, “If it doesn’t happen, then I think it probably won’t happen until 2025.”

Wall Street Veteran Bullish On Ripple IPO

While the hype of Ripple’s potential IPO launch has become the latest discussion in the XRP community, Linda Jones has cautioned about the timeline of the IPO, stating the possibility of Ripple not going public at the expected dates. 

Jones also publicly voiced her optimism regarding the success of the anticipated IPO launch. The Wall Street investment specialist has based her predictions on the economic outlook of 2024, where many expert crypto analysts have predicted a strong bull run stimulated by the ongoing ETF mania and the 2024 Bitcoin halving. 

Jones informed Linqto that a positive market outlook in 2024 could become a great setting for public offerings to flourish. 

“I do think we will go into this incredible bull market that will happen from the drop of inflation and interest rates that will lead to a very strong rise in stocks that will allow the IPO market to get very hot next year,” Jones said. 

Featured image from Pixabay

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

TON blockchain sees explosive 3,435% growth in daily active addresses over 2024

The Open Network (TON) blockchain has experienced a significant surge in its on-chain metrics in 2024, with trading volume, total value locked, active users, and daily transactions all growing

Solana Active Addresses Hit 75 Million As SOL Breaches $140

Solana (SOL) hit another record: Today, it has over 75 million monthly active addresses The surge speaks to growing popularity of the network, especially in areas like developer and user activity

Vitalik Buterin Drops A Rhythm At Singapore TOKEN2049: Speech Delivered In Song

Co-founder of Ethereum, Vitalik Buterin, created a scene – albeit in a fun way – at the TOKEN2049 conference in Singapore by not only offering analysis on Ethereum developments but also

Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam

Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank Nicolas Cabrera,

Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign

SEC seeks 4-month extension for fact discovery in Coinbase lawsuit

The US Securities and Exchange Commission (SEC) has requested a four-month extension to complete fact discovery in its lawsuit against Coinbase In a letter submitted to Judge Katherine Polk Failla on