Home Business XRP surges on the news of Ripple IPO Japan SBI “Promotion of listing after litigation ends”

XRP surges on the news of Ripple IPO Japan SBI “Promotion of listing after litigation ends”

by news dir
[뉴욕=박재형 특파원] XRP prices soared as news that Ripple is preparing for an IPO after resolving a legal dispute with the US Securities and Exchange Commission (SEC).

According to the decryption on the 30th (local time). Ripple’s largest sponsor, Japan’s financial group SBI Yoshitaka Kitao, said in an earnings announcement the day before that “we will promote Ripple’s listing after the current lawsuit is over.”

Ripple founder and CEO Brad Garlinghouse mentioned last year that the company’s potential listing potential was “a natural development for our company.”

After this news, XRP surged 17% from 24 hours ago to $1.65. Based on coin market cap data, XRP traded at $1.62, up 16.1% in the morning of New York time.

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