IPO

In a recent presentation, Linda P. Jones, a former Wall Street financial expert and author of the bestseller “3 Steps to Quantum Wealth: The Wealth Heiress’ Guide to Financial Freedom by Investing in Cryptocurrencies,” detailed her bullish outlook for Ripple, leveraging a valuation comparison with Coinbase and the potential of XRP. Why Ripple Could Be Massively Undervalued Jones began by noting Ripple’s present valuation on the Linqto investment platform at $7.5 billion—a stark contrast to its 2020 and 2022 valuations…

The post Ripple CEO Unveils Share Buyback Plan, Is IPO Coming Soon? Read On To Know More appeared first on Coinpedia Fintech News Ripple, amidst an ongoing SEC lawsuit, has revealed plans sparking optimism. In the recent Fortune Brainstorm Tech 2024 discussion, the firm’s CEO, Brad Garlinghouse, revealed the firm’s share-buyback plan. Further, insights on the company’s IPO plan were also shared.  Ripple’s Strategic Move The CEO revealed Ripple’s strategic move to repurchase $1.4 billion worth of shares from investors…

The post Genesis Digital Prepares for IPO, Seeks Funding appeared first on Coinpedia Fintech News As reported by Bloomberg, Genesis Digital is considering going public via the IPO route. It has started making plans for a pre-IPO funding round, which it plans to launch in the coming weeks. Deliberations are going on, which could impact the fundraising plans. Many other firms, a significant number of them being Bitcoin mining firms, have recently shown interest in going public. Northern Data AG…

Northern Data AG is planning a $16 billion U.S. IPO to expand its AI cloud and data center units, aiming to capitalize on the growing demand for digital infrastructure. The company is collaborating with Tether for chip acquisitions and may sell a minority stake to investors before the IPO. In line with an earlier CNF update, Reddit disclosed investments in Bitcoin and Ethereum in its IPO filing, signaling a strategic move to utilize excess cash for crypto investments. According to…

The post Kraken Prepares for IPO, Aims to Raise $100M Before Public Offering appeared first on Coinpedia Fintech News Kraken is reportedly considering a final funding round ahead of its Initial Public Offering (IPO) as reported by Bloomberg. The exchange is considering raising $100 million in the new funding round, which comes amidst the crypto prices rallying, with BTC hitting all-time highs of over $73,000.  The exchange received inquiries from potential investors during the ongoing crypto market rally, which initiated…

Ripple’s CEO is convinced the firm is ready to go public through the IPO route. The Ripple boss is, however, convinced that SEC Chair Gary Gensler needs to be fired. The CEO of Ripple Labs Inc. Brad Garlinghouse says the company is now ready for an Initial Public Offering (IPO) launch. However, the company insists on removing Gary Gensler as Chairman of the Securities and Exchange Commission (SEC) for that to happen. Ripple CEO on IPO Prospects: Gensler’s Resignation Tops…

Ripple’s potential overseas IPO reflects skepticism towards U.S. regulatory approval. A blockchain researcher predicts that the XRP price will surge if Ripple goes public. With his statement that it makes no sense to go public in the United States, Ripple CEO Brad Garlinghouse has suggested that the business is looking at other jurisdictions for a possible IPO. Garlinghouse hinted at this during a CoinDesk-hosted interview at the 2024 Consensus conference. Directly questioned on Ripple’s IPO intentions, Garlinghouse voiced doubts about…

The post Ripple CEO Considering IPO Outside OF U.S. Until Gensler Is In Chair Position appeared first on Coinpedia Fintech News The legal battle between Ripple and the SEC has intensified as Ripple seeks to keep its financial data confidential amidst the SEC’s pursuit of $2 billion in penalties related to Ripple’s XRP sales. Amidst of this Ripple CEO Brad Garlinghouse drops hints about considering overseas jurisdictions for a potential Initial Public Offering (IPO) during an interview at the 2024…

The post Unfazed by SEC Lawsuit, Ripple Prepares for IPO with Strong Investor Interest appeared first on Coinpedia Fintech News Ripple, the company behind XRP, is locked in a fierce battle with the Securities and Exchange Commission (SEC), disputing the penalties imposed by the regulatory body. Ripple asserts its compliance with the law while contesting the SEC’s hefty demands. Legal experts offer varied timelines for resolution, with some anticipating a quick end while others brace for a prolonged legal showdown.…