Ahead of Ripple’s upcoming flagship event, Ripple Swell, the XRP community has raised curiosity over a potential announcement of an IPO as the company broadens its marketing efforts.
Prior to its upcoming event, Ripple has gained attention from a wide range of audiences by placing its advertisement banners at the Premier League game, a most popular football league with a worldwide fanbase.
Ripple is expected to unveil a major update regarding its future developments or its plans to go public via an Initial Public Offering (IPO) which has become abuzz among the XRP army.
However, Ripple has not shared any official statement regarding the IPO, but it presumably hinted at such a decision while opening a position as Shareholder Communication Manager across its multiple offices.
After Coinbase’s IPO in April 2021, the door has been opened for several crypto companies to go public. As one of the earliest blockchain companies, Ripple may consider going public with its wide range of crypto services and digital payment applications.