Ripple CTO: No special reason for IPO public listing
Ripple Labs, a cryptocurrency company, is said to be buying back $285 million worth of company stock from early investors and employees. In response to this, Ripple's Chief Technology Officer, David Schwartz, stated on social media that employees are more concerned about their stock options, RSUs, or other liquidity pathways. Ripple does not have a specific reason to conduct an IPO for public trading of its stock, and there is no "real" liquidity market as the equity market of private companies generally lacks liquidity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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