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Get Your Pre-IPO Shares Today

October 12, 2023
in Crypto News
Reading Time: 4 mins read
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Here’s Why XRP could be The “New Oil” of Global Financial system
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  • Linqto has reopened the Ripple pre-IPO stock investment opportunity for US customers.
  • Ripple has long been rumored to be considering going public, making it the second high-profile crypto firm after Coinbase to take this path.

According to recent reports, XRP proponents have a golden opportunity to purchase Ripple pre-IPO stock. This will allow XRP proponents and the crypto community to invest in the company ahead of the company possibly going public. This was initially hinted at by Nick Burrafato, the Director of Member Investments at Linqto, on the X platform.

This has now been confirmed and officially announced by the investment platform. Linqto noted in its announcement that, “Ripple shares are now available on Linqto! We remain committed to democratizing access to private market investments to all investors.” This is the second time that these shares are on offer after the initial window was sold out.

🚀 @Ripple shares are now available on Linqto! We remain committed to democratizing access to private market investments to all investors
Learn more here: https://t.co/e0O9lko4PC#RippleNet #Ripple #XRP #Linqto pic.twitter.com/5RnOUn5dfB

— Linqto (@linqtoinc) October 11, 2023

Ripple has long been rumored to be working on going public for the last couple of years. In fact, Ripple CEO Brad Garlinghouse back in 2022 told CNBC that the company was exploring the option of an IPO once its lawsuit with the Securities and Exchange Commission (SEC) was over. The same sentiment has been shared by SBI Group which holds more than 10 percent of Ripple.

An IPO is one of the major developments that the SEC lawsuit is holding back for Ripple and investors of its cryptocurrency XRP. In recent months, talks of a possible settlement between Ripple and the SEC have reignited excitement around a possible IPO in the coming weeks or months.

>> Buy XRP quickly and securely with PayPal, credit card or bank transfer at eToro. Visit Website <<

Related: Breaking: Ripple plans IPO within the next 12 months

Market experts believe that the company’s valuation could soar by 20 times following the IPO considering the massive XRP reserves with the company, currently at $21 billion.

Linda P. Jones, a renowned Wall Street veteran with a 25-year career in the financial industry shared some insights into what could be the outcome of the potential Initial Public Offering (IPO), Jones hypothesized that if Ripple were to be valued at $86 billion, similar to Coinbase, and considering its $21 billion XRP holdings, the combined valuation could reach an impressive $107 billion, nearly 20 times its current market value.

Foreseeing another prospect where the XRP price surges again to its all-time high of $3.60, Jones said that the company’s valuation could shoot to $126 billion in that case. This prediction is further bolstered by reports that In April, Ripple hosted a private “road show,” to meet potential investors to generate interest in an IPO and every reputable institutional investment firm attended.

Read More: Ripple (XRP) IPO Expected to Surpass 20x Valuation, Propelling Price to $600 per Share – Rumors Suggest Company Held Private Meetings with Every Reputable Institutional Investment Firm

Data from Linqto show that Ripple’s shares are currently priced at $60, a significant increase from a previous offering of $35. Investors must allocate a minimum of $2,500 but get a discount for investing more than $10,000. The offering is open to US customers but is not restricted to other jurisdictions unless local laws apply.

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