Ripple CEO hints at IPO during the WEF

by in Cryptocurrency News

Ripple's CEO

At the WEF in Davos, Ripple CEO Brad Garlinghouse called the initial public offering (IPO) the company's “natural evolution.”

So, he said that in the next year, in the cryptocurrency and blockchain industry, it will be possible to observe an IPO boom and did not exclude its Ripple.

“We are not going to be the first, and we are not going to be the last, but I expect that we will be on the side of the leaders,” Garlinghouse added.

Trending: Zap and Visa will issue a card for bitcoin payments

Some are confident that an IPO could significantly affect the price of an XRP coin.

Besides, Garlinghouse said that it considers bitcoin as a means of saving, but not a payment instrument.

“You don’t want to pay with Bitcoin at Starbucks because, by the time you get your coffee, it will be frozen,” Ripple's CEO emphasized.

Trending: Cardano's price increased by nearly 10%

Earlier, Garlinghouse said that most cryptocurrencies will disappear, and only quality assets will remain.