Ripple Labs Inc Plans for Its Future Despite Ongoing SEC Lawsuit -Breaking
[ad_1]
Ripple Labs Inc plans for its future despite ongoing SEC litigation- It is now considering launching an IPO in the US following the SEC litigation.
- Garlinhouse is concerned that this is slowing down the firm’s forward movement about its plans for going public.
- According to the exec, he is optimistic that SEC’s legal fight will be resolved.
Ripple Laboratories Inc. continues to look forward, even though it is involved in an ongoing lawsuit with the United States Securities and Exchange Commission.
Brad Garlinghouse, Ripple’s CEO, stated in an interview with CNBC that the firm is considering floating its Initial Public Offering (IPO) in the US when it is done with its lawsuit with the SEC.
Garlinghouse was quoted at the World Economic Forum, saying, “I think we want to get certainty and clarity in the United States with the US SEC. You know, I’m hopeful that the SEC will not slow that process down any more than they already have.”
The SEC and Ripple Labs Inc. had been involved in the lawsuit for 12 months already, and Garlinhouse is concerned that this is slowing down the firm’s forward movement with regard t …
[ad_2]