• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
Ripple CEO IPO

Ripple CEO Says IPO Is A Possibility, But SEC Boss Poses A Challenge

Scott Matherson
by Scott Matherson
1 year ago
·
Posted in Ripple
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse, has opened up about the prospects of making Ripple public through an Initial Public Offering (IPO). However, he revealed that such a move is not presently a priority for the company, citing the unfavorable regulatory environment in the United States. 

Ripple CEO Weighs Prospects Of An IPO

In a recent interview on CNBC, Garlinghouse delved into Ripple’s strategic plans for 2024 and the possibility of going public soon. When asked what the company’s focus and outlook for 2024 might be, Garlinghouse indicated that the company’s primary priorities would be on sustained investments in its core product, the Ripple payments system. 

Related Reading: X Receives New Money Transmitter License, Dogecoin Payments Included?

He disclosed the company’s intention to expand its presence in additional payment and vertical markets globally while also reinforcing its position in the custody market, which it extended into 2023. 

Addressing inquiries about profitability and revenue growth expectations in 2024, the Ripple CEO mentioned that Ripple has already achieved a significant milestone in buying back over a billion dollars worth of stocks from its shareholders. He emphasized the importance of the company’s buy-back initiative, underlining that a Ripple IPO was not a priority for the company at the moment. 

Garlinghouse expressed reservations about going public in the US due to its challenging regulatory landscape, particularly with the United States Securities and Exchange Commission (SEC). When asked whether Ripple intends to keep its potential IPO launch on hold or explore options outside the US, Garlinghouse affirmed with a positive “Yes.”

He further emphasized, “I don’t think of an IPO as an exit. I think of an IPO as a step to the journey.”

The Ripple CEO disclosed that the company had reviewed other regulatory-friendly jurisdictions outside the US. However, he stated that prioritizing an IPO was not currently on Ripple’s agenda because the company does not need to raise capital. 

Despite this, Garlinghouse has affirmed that the possibility of pursuing an IPO will remain open until the need arises. 

XRP price chart from Tradingview.com (Ripple CEO IPO)

XRP price at $0.58 | Source: XRPUSD On Tradingview.com

Garlinghouse Declares SEC A Liability

During his interview, Garlinghouse labeled the US SEC Chairman, Gary Gensler, as a “political liability” within the US. The Ripple CEO underscored the SEC’s numerous setbacks in its effort to regulate cryptocurrency, citing multiple losses in lawsuits and stringent enforcement measures. 

Related Reading: Shiba Inu Burn Rate Records 11,600% Surge, But Is This Significant?

In addition to the legal dispute with Ripple, the SEC has also filed lawsuits against various crypto companies and exchanges. The agency’s attempt to block the entry of Spot Bitcoin ETFs from the crypto market was unsuccessful after the US Court of Appeals ordered the agency to remove its rejection of Grayscale’s Spot Bitcoin ETF application. 

Garlinghouse acknowledged the potential for challenges in approving Ethereum Spot ETFs but expressed confidence in its eventual acceptance. He asserted that the SEC’s actions were not driven by the best interests of the citizens or the long-term growth of the economy. Additionally, he disclosed his belief that a new SEC Chairman would bring positive changes to America.

Featured image from Bitcoin Sistemi, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Scott Matherson

Scott Matherson

Follow

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Full Profile

Related Posts

Ripple

Ripple Vs. SWIFT Battle Heating Up As Exec Lands Major Blow To XRP

6 days ago
Ripple

Ripple Swell 2025 Is Almost Here: Here’s What To Expect From The Event

1 week ago
Ripple

Pundit Says Ripple Is The New SWIFT — Here’s What Is Driving It

1 week ago
Ripple

Latest RLUSD Stablecoin Could Propel Ripple To Limelight Amid Trillion-Dollar Predictions

2 weeks ago
Ripple

Did This Federal Reserve Announcement Just Put Ripple In The Ranks Of SWIFT And BRICS?

2 weeks ago
XRP

Ripple’s RLUSD Takes Center Stage As NYSE-Listed Company Moves $1.5B Through XRP Ledger

2 weeks ago

Premium Sponsors

Press Releases

  • miner

    Ripple (XRP) is attracting investor interest: ALL4 Mining...

    2 minutes ago
  • MINER

    2025 Free Crypto Cloud Mining Sites Detailed Guide: No...

    2 hours ago
  • BAY Miner’s

    BTC Swings? BAY Miner’s USD Contracts Yield $85,777...

    2 hours ago
  • Bitcoin

    BTC’s surge doesn’t wait! GMO Miner helps you...

    2 hours ago
  • Cloud Mining

    Compliance and High Returns: ALR Miner Cloud Mining, with...

    4 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.