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Ripple IPO 2025: What the SEC Appeal and Leadership Change Mean

Ripple IPO 2025 What the SEC Appeal and Leadership Change Mean

The post Ripple IPO 2025: What the SEC Appeal and Leadership Change Mean appeared first on Coinpedia Fintech News

Recently, Ripple CEO brad garlinghouse information brad garlinghouse Brad Garlinghouse is the CEO of the financial technology company Ripple Labs, he is an extremely popular name across the global crypto landscape. He has previously served as the CEO of Hightail, a file-sharing service, and is also an active angel investor. He joined Ripple as COO in April 2015, answering to the CEO and prime supporter, Chris Larsen. He was elevated to CEO in December 2016. Initially, he worked at AOL and Yahoo! From 2003 to 2008, he filled in as Senior Vice President at Yahoo!, where he ran its Homepage, Flickr, Yahoo! Mail, and Yahoo! Courier divisions. While at Yahoo!, he wrote an inner update known as the "Peanut Butter Manifesto," requiring the organization to zero in on its core business instead of extending itself excessively far, much like peanut butter. Details: Organization: Ripple Location: United States Education: MBA from Harvard Business School and BA from The University of Kansas Skills: Venture capital and Startups Experience: CEO at Ripplefrom from Jan 2017 - Present · President and COO at Ripple logo from Apr 2015 - Dec 2016  Board Member at Animoto from 2012 - Dec 2017 Tonic Health, an R1 company logo Board Member at Tonic Health from 2011-2016 Board Member at Ancestry from 2013 - 2016 CEO at Hightail from May 2012 - Sep 2014      EntrepreneurInvestorChief Executive OfficerBoard Member hinted at the possibility of reconsidering his company’s stance on its IPO release post the scheduled leadership change in the US SEC, projecting the challenges the crypto firm has faced from the regulator under the current leadership as the prime reason that discouraged it from thinking about going public.

Recently, Pro-XRP lawyer John Deaton made some bold predictions related to this topic. Here are what you should know! 

Ripple’s IPO Plans: When Could It Happen? 

If the gary gensler information gary gensler Gary Gensler is a pioneer and the current chair of the U.S. Securities and Exchange Commission. He has extensive experience that spans Wall Street, government regulation, and an angel teaching about cryptocurrencies and blockchain at MIT. Gary S. Gensler was on born October 18, 1957, in Baltimore, Maryland.He graduated from Pikesville High School in 1975, where he was later given a Distinguished Alumnus award. He also earned a degree in economics.Gensler served in the United States Department of the Treasury as Assistant Secretary for Financial Markets from 1997 to 1999, then as Undersecretary for Domestic Finance from 1999 to 2001He has expressed his desire to present crypto-related approach changes later on that include token commitments, decentralized finance, stablecoins, guardianship, exchange-traded resources, and advancing stages. Chairman led SEC’s approval toward the cryptocurrency industry is really the only reason discouraging Ripple from embracing the possibility of going public, the scheduled leadership change in the regulatory agency, with the replacement of crypto-skeptic Genser with pro-crypto Paul Atkins, will provide an ideal opportunity for the cryptocurrency company to reconsider its stance on the matter.

Deaton predicted that Ripple may launch an IPO in Q4 2025 or Q1 2026. 

SEC Appeal: Why Withdrawal Seems Likely 

The SEC last year appealed a 2023 federal court ruling, which accepted Ripple’s argument that XRP is not a security when algorithmically sold to retail investors via exchanges. 

Predicting a positive settlement of the ongoing legal battle between Ripple and the SEC, Deaton, an experienced lawyer with expertise in handling similar cases, forecasted that the regulator will withdraw its appeal against the crypto firm. 

Key Reasons Why the SEC Might Lose the Appeal 

The lawyer also pointed out that the regulator stands little chance of gaining a victory in its legal battle against Ripple. He projected several strong reasons to justify his pro-Ripple argument. Primarily, he argued that the ruling is fact-based and doesn’t establish binding precedent for other cases. Secondly, he claimed that if the battle escales, it might do more damage to the SEC in terms of credibility than to Ripple. 

Impact of Paul Atkins as New SEC Chair 

Deaton, like most pro-XRP experts, expressed excitement about the appointment of pro-crypto executive Paul Atkins as the successor of crypto-skeptic Gary Gensler by US President-elect Donald Trump information Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President

Trump is scheduled to take the oath as the president on January 20, 2025. Reports say that Gensler will step down from the SEC chair post, paving the way for the induction of Atkins on that day itself. 

The pro-Ripple lawyer opined that the new SEC chairman would take the necessary steps to settle the dispute between the regulator and the crypto company as soon as possible, at least by mid-2025. 

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Like many, Deaton, it seems, is also eagerly waiting for the confirmation of Atkins’ appointment by Congress. 

In conclusion, Ripple’s future remains promising with potential IPO plans and the likely resolution of its SEC case. As regulatory clarity improves, the crypto community eagerly awaits Ripple’s next move. 

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