A prominent pro-XRP lawyer has made stirring predictions that Ripple is preparing to go public soon after the anticipated leadership change at the SEC. This forecast is fueled by the lawyer’s belief that the SEC’s appeal against the recent favorable court ruling for Ripple will likely falter, especially considering the nature of the ruling and the potential hit to the SEC’s credibility if the appeal fails.
Currently, Brad Garlinghouse, the CEO of Ripple Labs, who has become a significant figure in the global crypto scene, has indicated a shift in the company’s stance regarding an Initial Public Offering (IPO). Earlier, Ripple held back from pursuing an IPO due to the SEC’s stringent regulations under its current leadership. However, with the possibility of new governance at the SEC, there’s a glimmer of hope for an eventual IPO.
Garlinghouse has previously commented that a Ripple IPO might become a realistic goal, possibly in late 2025 or early 2026, depending on the outcomes of the ongoing legal battles and the changes within the SEC.
John Deaton, the pro-XRP lawyer, has confidently stated, “Ripple didn’t prioritize going public because that really didn’t make any sense under the previous SEC administration; maybe that changes in the future.” He firmly believes that under the potential leadership of Paul Atkins, a more crypto-friendly figure, Ripple may finally find the regulatory support it needs to proceed with an IPO.
The anticipation centers on Gary Gensler, the current chair of the SEC, whose skepticism about crypto has created hurdles for Ripple. If Gensler steps down and is succeeded by Atkins, the landscape could change significantly. Deaton argues that the conditions for an IPO would be much more favorable, addressing the
