Ripple is potentially preparing to go public with an IPO (Initial Public Offering) as the company has been hinting at the move for the past months with several crystal-clear signs.
A crypto educator and Ripple advocate, Lewis Jackson, shared a post, noted all the major signs, and asserted that Ripple is indeed incoming. Jackson mentioned that the company has clearly hinted at going public by opening positions for several corporate roles, including Director, Manager, and other roles.
Ripple also recently opened a position for a shareholder communication manager, which makes it much more obvious that the company is heading toward becoming a publicly traded company.
Jackson said that Ripple has been actively involved in mergers and acquisitions (M&A) recently, with it acquiring Metaco, an institutional infrastructure provider for digital assets, in a major deal. The mergers and acquisitions phase for companies mostly hints at their plans for going public.
Most of the positions Ripple has opened are within its headquarter in San Francisco, as well as in New York and London. It suggests that Ripple could be planning to be listed on the New York Stock Exchange (NYSE) or the London Stock Exchange (LSE).
The company has also increased its marketing efforts with its advertising in the Premier League, a major football championship league.
However, Ripple has not officially mentioned anything relating to going public, but it is expected that the blockchain company will share a major announcement at its upcoming event Swell in Dubai.
Also Read: Ripple’s XRP Receives Green Light From DIFC
