Ripple CEO Says Firm May Go Public ‘in the Next 12 Months’

Ripple CEO Brad Garlinghouse had some interesting things to say at the World Economic Forum.

Speaking to the Wall Street Journal in Davos, Garlinghouse hinted that the blockchain-based payments giant may go public within the next 12 months, saying that it’ll be a “natural evolution” for the company.

Ripple ended 2019 with a bang by reaching decacorn status following a blockbuster $200 million Series C round. As The Block notes, Series C rounds are normally the last step before a goes public, and given the nearly $300 million the company has so far raised, it would be interesting to see how much they could get in an IPO.

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