Ripple could be valued at approximately $30 billion, according to a recent statement by Sean McBride, a former director at the company. This sparked renewed interest in its potential share price if an IPO would ever occur.
In a post on X that quickly gained traction among crypto and fintech circles, McBride referenced Ripple’s latest tender offer as the basis for the valuation estimate. McBride also noted that although the company is not looking for an IPO in the short-term, it may look for it in the future. Reacting to this, a user wanted to know what that would suggest about the per-share value of Ripple. To this, McBride answered, “$175.”
Although Ripple did not show any intentions of becoming publicly traded soon, the comment made by McBride has got people speculating. His comments are significant to investors and analysts who closely monitor the path taken by Ripple, considering his previous position as an executive.
Ripple has been a long time heavy-hitter in the crypto and blockchain infrastructure sector and its XRP-powered cross-border payment solutions have been implemented by financial institutions all over the world. At a valuation of $30 billion, it would be worth more than most of the publicly traded technology companies in the world- and perhaps make its initial public offering one of the biggest in history, should it ever happen.
Though purely speculative, McBride’s remarks offer a rare glimpse into how insiders and close industry observers are valuing Ripple amid its ongoing expansion and legal clarity in key markets. If Ripple ever takes the public route, it could redefine how blockchain firms are perceived on Wall Street, turning long-time XRP holders into early visionaries and raising the bar for crypto enterprise valuation.
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