Ripple akan pergi ke IPO jika SEC menang
The CEO of SBI Group claims that if Ripple wins the lawsuit against the SEC, they will join the list of crypto startups that have gone public.
Yoshitaka Kitao said this during the presentation of the profits of the SBI Group conglomerate. According to him, Chris Larsen is especially interested in entering the IPO, claiming that such a step would be the surest direction for Ripple. Brad Garlinghouse also said that the company will be in the first row among those who will take the helm of the IPO boom back in the winter of 2020 at the World Economic Forum in Davos.
Despite its plans to go public in 2020, Ripple now has to "defeat" the regulator, who accused the startup of selling unregistered securities in the amount of $1.3 billion.
As for SBI, they are more than anyone else interested in the evolution of Ripple, since the Japanese financial conglomerate is one of the largest shareholders of the crypto startup.