Europe EditionFormer Ripple Director Predicts How Much Valuation Ripple Could Have If it Files for IPO
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Former Ripple Director Predicts How Much Valuation Ripple Could Have If it Files for IPO
A former Ripple director suggests that Ripple's potential initial public offering (IPO) could be a landmark event, given its estimated valuation. In an X post yesterday, Sean McBride speculated that Ripple's recent tender offer indicates that the company is valued at $30 billion. Largest IPO in History McBride derived the estimate after Ripple disclosed plans to repurchase $700 million worth of its own shares at a fixed price of $175 each. So…
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