XRP lawyer talks about the timing of Ripple's IPO, predicting a valuation of 100 billion USD.

2025-06-24 02:00:22

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Rumors surrounding Ripple’s potential IPO are spreading, with many in the crypto community debating the implications of this move for the price of XRP.

In the past few months, Ripple has made several strategic moves, sparking discussions about a public listing, although the company has officially stated that there are no IPO plans for 2025.

Despite the fact that Ripple’s executives, including CEO Brad Garlinghouse and President Monica Long, have made it clear that there are no plans for an IPO this year, signs of preparation for an IPO have emerged.

Recently, the company has implemented a stock buyback program worth 700 million USD while recruiting positions for business development and investor relations.

The acquisition of the brokerage firm Hidden Road for $1.25 billion and a $250 million agreement for the custody service provider Metaco also suggests long-term growth plans.

In addition, XRP supporter lawyer John Deaton interacted with a clip of Garlinghouse commenting on Circle’s market performance after the IPO. Deaton stated that although Ripple is not in a hurry to list and does not need to raise funds, the timing of the IPO is very important.

He further stated that if Circle can achieve a market capitalization of between 62 billion to 75 billion USD, Ripple, with nearly 40 billion XRP currently priced around $2 ( or about 80 billion USD), could aim for a market capitalization of 100 billion USD in the current market context.

The price of XRP has traded in a narrow range since dropping from $3.40 in January, hovering around $2.

The price skyrocketed to $3 in March after U.S. President Donald Trump proposed adding XRP to the national cryptocurrency reserve fund. Since then, the token has remained stuck within a range.

Meanwhile, institutional interest in XRP seems to be increasing. Publicly listed company VivoPower has recently partnered with blockchain Flare to profit from its XRP holdings and invested 121 million USD XRP into its fund.

Although to date, Ripple’s IPO plans remain speculative, the company’s growing footprint and increasing market activity continue to prompt investors to monitor closely.

Vincent

XRP0,3%

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