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coinpedia 2025-01-07 08:44:35

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 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 Garly Gensler-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. 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. 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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