Ripple Pre-IPO Shares Make a Comeback: Now Available to Buy

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  • Linqto has announced that Ripple pre-IPO shares are back in stock, offering buyers a piece of the company.
  • Speculation about Ripple going public has been magnified by the private road show in April that engaged private investors and talks of a settlement with the SEC.

Crypto investors and traders have been offered another golden opportunity to invest in one of the most innovative US-based technology companies, Ripple. Linqto, a platform that gives potential investors access to private companies mostly those about to go public has announced that Ripple pre-IPO shares are back in stock.

This is the second time this month that the shares will be available on the platform after being sold out in the past. This is a clear demonstration of the demand from investors. Linqto confirmed the relaunch of the shares on X (formerly Twitter), stating; “Shares in @Ripple are now available again on Linqto! Ripple operates RippleNet, the global blockchain-based payments network by utilizing the #XRP Ledger to clear and settle cross-border payments in a fraction of the time and cost required by legacy payment systems.”

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.

In the past, Ripple CEO Brad Garlinghouse has expressed interest in taking the company public. However, he has always maintained that this path would only be pursued after the case against the company for offering unregistered securities in the form of XRP is settled with the U.S. SEC. But while the CEO has stated this publicly, the company has seemingly been demonstrating greater interest in this regard.

Just a few months ago, Ripple conducted a private roadshow. Back then, the blockchain firm met with a majority of Wall Street investors who showed interest in the company’s IPO.

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More recently, Ripple Labs’ job posting for a “Shareholder Communications Senior Manager” has sparked speculation about the company’s potential move towards an IPO. The selected individual for this role will develop and execute communication strategies for various stakeholders, including investors, shareholders, and analysts.

Although no official statement from Ripple Labs has confirmed these speculations, the job posting and its implications have captured the attention of investors and the XRP community.

Read More: Ripple’s Latest Job Posting Sparks Speculation on IPO, Raising Hopes for XRP’s $1 Milestone

If Ripple proceeds with the IPO, analysts have painted a pretty bullish valuation of the company. Linda P. Jones, a renowned Wall Street veteran with a 25-year career in the financial industry believes 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.

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