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Ripple CTO: There is no particular reason to go public with an IPO.

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Post time 25-1-2024 14:04:04 | Show all posts |Read mode
Golden Finance reported that Ripple Labs is reportedly repurchasing company stocks worth $285 million from early investors and employees. In response to this, Ripple's Chief Technology Officer, David Schwartz, commented on social media, stating that employees are more concerned about their stock options, RSUs, or other liquidity avenues. Ripple does not have a specific reason for an IPO to trade stocks publicly, and there is no "real" liquidity market, as equity markets for private companies generally lack liquidity.
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Post time 25-1-2024 19:19:37 | Show all posts
It's also great to learn more about it.
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Post time 25-1-2024 20:35:09 | Show all posts
Liquidity is indeed significant.
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Post time 25-1-2024 21:40:51 | Show all posts
Going public is also a good option.
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