Ripple IPO Is Not A Pipe Dream: Industry Expert Predicts When XRP Investors Should Expect Public Listing
Ripple’s possible public listing has returned to the conversation after SBI Holdings CEO Yoshitaka Kitao gave one of the clearest long-range timelines yet from a major Ripple shareholder. Yoshitaka Kitao, the CEO and President of SBI, one of Japan’s largest financial conglomerates, made remarks that have since resonated with members of the XRP community. Speaking about his long-term investment intentions, Kitao stated he is willing to pour in $626 million at the lower end and $1.25 billion at the upper end into Ripple when the payments technology company goes public. SBI CEO Says Ripple Needs To Go Public The question of whether Ripple Labs will ever trade on a public exchange has followed the company for years, although Ripple’s executives have been consistent in cooling expectations regarding an IPO. Related Reading: Ripple’s Move To Privacy: How A Re-organization Of The XRP Ledger Will Affect The Network While speaking at a recent conference in Tokyo, Japan, Kitao said that when Ri