TechFlow news, Ripple CEO Brad Garlinghouse said in an interview with CNBC that due to "hostile" regulation, the company is considering an initial public offering (IPO) outside the United States. However, Ripple has currently paused any IPO plans. Instead of going public this month, the company repurchased shares from shareholders. It repurchased $285 million worth of stock this month, bringing its total share buybacks to $1 billion to date.
Garlinghouse had previously stated in 2022 that Ripple would consider going public after the conclusion of its lawsuit with the U.S. Securities and Exchange Commission (SEC).
Earlier report, Ripple CTO: No particular reason for an IPO at the moment, and there isn't a "real" liquidity market.
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