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# Ripple CEO Brad Garlinghouse explores markets for IPO outside U.S.

## DAVOS, Switzerland ÔÇö Ripple CEO Brad Garlinghouse has revealed that the company is looking into markets outside the U.S. for its initial public offering (IPO), citing a “hostile” regulator. However, plans for an IPO are currently on hold.

The CEO expressed the company’s interest in exploring jurisdictions with clear regulatory guidelines to proceed with the IPO. Garlinghouse emphasized that Ripple has refrained from going public in the U.S. due to the actions of the Securities and Exchange Commission (SEC), which has created an unfavorable environment for the company’s IPO.

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– The CEO emphasized that the company has been evaluating its options and actively monitoring the regulatory developments in the U.S. While keeping the IPO option open, Garlinghouse acknowledged that going public is not an immediate priority for Ripple. Additionally, the company confirmed its share buyback initiative, with $1 billion of stock repurchased.

The initiative aims to provide liquidity to long-term investors and stakeholders who have been involved with Ripple for over a decade. Moreover, Garlinghouse highlighted the importance of shareholder liquidity, emphasizing the company’s commitment to facilitating investor liquidity through tender offers.

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Furthermore, Garlinghouse emphasized the positive market sentiment driven by the surge in cryptocurrency values, citing the remarkable performance of Bitcoin, which rallied over 150% the previous year. The CEO highlighted the rejuvenated confidence in the crypto industry, as evidenced by Circle’s filing for an IPO in the U.S. this month.

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AI legalese decoder can assist Ripple in capitalizing on the favorable market conditions by providing legal and regulatory analysis of the IPO landscape. The platform can offer insights into the IPO process, including compliance requirements, disclosure obligations, and regulatory considerations for cryptocurrency-related offerings. By leveraging AI legalese decoder, Ripple can effectively navigate the IPO market, capitalize on market opportunities, and achieve regulatory compliance in its future listing endeavors.

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