Ripple Officially Gives First Hint for IPO Preparation

Beginners who want to buy Ripple’s cryptocurrency would need to open and fund an account with an exchange that trades XRP. For example, the Amplify Transformational Data Sharing ETF (BLOK -0.1%) focuses on companies developing and utilizing blockchain technology. It held shares of almost 50 companies as of late 2023, led by Coinbase at 5% of the fund’s value.

  • However, they can gain exposure to the trends Ripple seeks to capitalize on through ETFs.
  • Whether you’re a seasoned investor or just getting started, our platform is tailored to provide you with all the crucial information you need to navigate the thrilling world of the stock market and IPOs.
  • These investments have helped Ripple develop its technology and establish partnerships with financial institutions and payment providers around the world.

Through his work, Damien continues to provide valuable information to readers, keeping them informed about the latest developments and trends in the ever-evolving world of cryptocurrencies. His passion for the subject and dedication to accuracy make him a standout figure in the crypto news space. In addition, yesterday, Oct 11, Linqto shared on its Twitter account that it’s allowing investors to purchase Ripple stock through its platform. In an exciting development, Linqto has made Ripple pre-IPO accessible for its U.S. investors. This is significant as it allows XRP enthusiasts and the crypto community to get involved with blockchain companies before they go public. By thoroughly researching and assessing these factors, you can choose a stockbroker that best fits your needs and aligns with your investment goals.


XRP is primarily used as a bridge currency to facilitate foreign exchange transactions quickly. It’s essential to thoroughly research a company before buying its shares. You should learn about how it makes money, its competitors, its balance sheet, and other factors to ensure you have a solid grasp on whether the company can grow value for its shareholders over the long term. The Motley Fool’s investing philosophy recommends building a diversified portfolio of 25 or more stocks you plan to hold for at least five years. For example, if you have $1,000 available to start investing, you might want to begin by allocating that money equally across at least 10 stocks and then grow from there. Securities and Exchange Commission dropped allegations against two top executives of Ripple Labs in its lawsuit claiming that the company breached U.S. securities laws.

SBI Holdings, Transform Capital, 10X Capital, Flight Ventures Keiretsu Forum, Parade Ventures, Adya Partners and Route 66 Ventures also participated in the round. The funds will be used to expand operations, the adoption of its technology and of the digital asset XRP and the XRP Ledger, and of Xpring. On top of giving potential investors access to a variety of companies, Linqto offers portfolio monitoring and educational resources to help investors understand private equity.

Ethereum Insider Says ETHGate Affects XRP Price, Holders Should Care About it

This series B fund was announced on Sep 29, 2021, and raised a total of $250 million from lead investor The K Fund. Per Forge Data, Ripple has a valuation of $15 billion as of January 2022. For those seeking to dive into Ripple investments via Linqto, a step-by-step procedure is in place. This involves setting up an account, backed by a government-verified ID. Upon successful registration, the investment page becomes accessible.

Venture capital firms have played a significant role in financing Ripple’s development and growth. In exchange for a share of the company, these firms give money to startups and early-stage companies. Ripple uses blockchain technology to facilitate international money transfers. It works through a decentralized network of nodes and is meant to make international transactions safe, cheap, and almost instant.

With this move, Ripple will expand its offerings as it will now be able to custody, issue and settle any type of tokenized asset. “Metaco is a proven leader in institutional digital asset custody with an exceptional executive bench and a truly unmatched customer track record,” Ripple CEO Brad Garlinghouse said in a statement. “Through the strength of our balance sheet and financial position, Ripple will continue pressing our advantage in the areas critical to crypto infrastructure. We believe RippleNet will become central/most adopted international B2B payment system worldwide. Today, the RippleNet advanced blockchain is used by a growing network of more than 300 providers spanning 40 countries across six continents. Some of the biggest adopters of Ripple include American Express, Santander, and US-based money transfer company MoneyGram.

Bank of America is an advertising partner of The Ascent, a Motley Fool company. Neil Patel and his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bank of America, Ethereum, JPMorgan Chase, Solana, and XRP. Additionally, Jackson delved into the company’s hiring of various engineering roles to enhance infrastructure and technical capabilities. While he stated that this does not necessarily reflect on the prospect of an IPO directly, it signifies the company’s focus on growth and expansion. He also pointed out the strategic roles Ripple is currently hiring for, such as the director and manager of corporate development, which are geared towards steering strategic growth.

Ripple investors also invested in these private companies

Specifically, investors allocating more significant sums to Ripple equity would buy it at $57.21 per share. According to CNBC, the company acquired an overseas crypto company called Metco for $250 million in May 2023. To be a good investment, the company would have to show rapid revenue growth and have a clear line of sight to future profitability. It would also need to trade at a reasonable valuation following its IPO. Finally, the SEC would need to clear it of any wrongdoing related to XRP sales.

Buying Ripple Pre-IPO Shares

Jackson dissected the company’s recent hiring trends, strategic growth moves, and regulatory battles as preparatory steps toward going public. Furthermore, Ripple stated that the shareholder communicator will develop strategic plans and communicate them to the target shareholders and investors. It involves disseminating significant corporate events such as mergers and acquisitions, investments, and other high-impact moments. Ripple has issued what many crypto enthusiasts consider a preparatory step to an initial public offering (IPO). While some have inquired about the availability of this investment opportunity for non-US investors, Linqto has not provided a specific response.

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WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Information is provided ‘as-is’ and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data. Investors who are thinking of adding Ripple to their portfolios need to understand that this will always be a risk. This is especially true considering Ripple’s strategy of trying to disrupt cross-border payments between financial institutions.

ETFs with exposure to Ripple

Thus, the pre-IPO shares can be acquired through the Linqto platform, but there are a few steps to follow. Interested investors must create an account and go through a verification process using a government-issued ID. Participating in the Ripple IPO can be an exciting opportunity to invest in a leading fintech company that is revolutionizing the way money moves globally. By following the steps outlined in this guide, you can navigate the process of investing in the Ripple IPO with confidence.

Until then, the only way to acquire Ripple stock is through private equity investment platforms, which don’t have the best liquidity and are typically only open to accredited investors. For most people that are interested in investing in Ripple, waiting until the company actually goes public is likely a smarter move, as you will be able to make a more informed decision. In conclusion, Ripple is a digital currency that offers a unique way to make payments across borders.

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