XRP Community Speculates on Potential IPO Announcement at Ripple Swell Dubai

28 October 2023

in XRP

Reading Time: 2 mins read

The upcoming Ripple Swell event in Dubai has sparked speculation within the XRP community that Ripple might officially announce its plans to have an initial public offering (IPO).

The discussion is led by a notable XRP enthusiast, known as WrathofKahneman (WoK), who has recognized the significant potential of the Swell conference, especially in the wake of Ripple’s recent legal victories.

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This year’s SWELL may be very significant. Don’t know what might be announced, but there are possibilities:
IPO
VARA license
CBDC
Stablecoin/tokenization
New users(!) – after a year of silence, we may gain more detail if #Ripple still considers itself primarily a payment company.

— WrathofKahneman 🪝 (@WKahneman) October 27, 2023

Adding to the speculation, Ripple has recently advertised a job opening for a “Senior Shareholder Communications Manager,” suggesting preparations for an IPO.

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The XRP community has maintained a long-standing belief that Ripple will eventually go public, and now they eagerly await the Swell conference for any official statements or announcements concerning the IPO.

Additionally, community members are keen to know if Ripple will address the potential acquisition of a Virtual Assets Regulatory Authority (VARA) license during the event.

Beyond the IPO, the XRP community’s curiosity extends to other areas. They hope to gain insights from Ripple on topics such as Central Bank Digital Currencies (CBDCs), advancements in stablecoins and tokenization, and efforts to onboard new users into Ripple’s services.

According to the Ripple’s official website, the Swell is a two-day event scheduled for November 8 and 9, 2023, in Dubai.

It is a conference aimed to bring together experts in blockchain, cryptocurrency, financial services, and economic policy.

Participants will explore the realm of digital payments, gaining valuable insights into how cryptocurrency technology interfaces with traditional financial systems. Ripple has also indicated that discussions will delve into the regulatory aspects of digital currencies.

The event is also expected to cover a range of topics, including the Future of Crypto, CBDCs, Payments, Compliance, Regulation, and Payments.

It also promised to be a dynamic and informative gathering for those interested in the cryptocurrency and blockchain space, with over 600 attendees, 80 speakers, and representation from more than 40 countries

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