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Ripple IPO could affect XRP

In an interview with the Wall Street Journal at Davos 2020, Ripple CEO Brad Garlinghouse pretty much-confirmed intentions to take the company public. The effects on XRP as an investment could be catastrophic.

Ripple Chief Speaks of IPO
According to reports in Ripple-centric media and tweets from company executives, Brad Garlinghouse has virtually confirmed that an IPO is on the cards for the fintech firm.
There was nothing on his own feed, but SVP of Product Asheesh Birla tweeted this earlier;
“We’re not going to be the first and we’re not going to be the last, but I expect us to be on the leading side… it’s a natural evolution for our company.”

“In the next 12 months, you’ll see IPOs in the crypto/blockchain space. We’re not going to be the first and we’re not going to be the last, but I expect us to be on the…

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Source: https://bitcoinist.com/ripple-ipo-render-xrp-an-obsolete-investment/