Ripple’s CEO and Crypto Industry

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Crypto industry in Kyrgyzstan

Crypto-related companies are developing, and some of them may even go public. It makes sense as this way; it will be easier to convince investors to invest in their companies.

In the past, crypto companies used to focus on initial coin offerings (ICO) for a number of reasons.

However, the situation started to change as many ICO failed and there are other issues as well.

Companies have to deal with various challenges to fulfill all the requirements associated with Initial Public Offerings. An IPO (Initial Public Offerings) refers to the process of offering the shares of a private corporation to the public in a new stock issuance.

As mentioned, above crypto firms are willing to work harder to build confidence with mainstream investors by listing their shares on traditional stock exchanges. One of the companies that might be interested in offering the shares is Ripple.

However, not every crypto company will go public, and some of them are looking for alternatives.

For example, several crypto companies, such as Blockstack, decided to pursue compliant token sales. This is an alternative to adopting a traditional flotation model.

Crypto industry news

Crypto and IPO

Last week, Ripple’s CEO Brad Garlinghouse attended the World Economic Forum in Davos.  During his speech, he mentioned crypto and Initial Public Offerings.

According to Garlinghouse, in the next 12 months, crypto and blockchain companies will go public. Ripple’s CEO stated his company also plans to go public. However, he did not provide the details when Ripple intends to make this decision.

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Cryptocurrencies are becoming more popular and, in this situation, it makes sense to think about the IPO. Ripple, as well as other companies, will have the opportunity to raise funds from investors.

Crypto-related companies should consider all the pros and cons before making this decision. They should remember that it might be too early for some of the companies to go public.

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