The cryptocurrency world is currently abuzz with speculation about a new initial public offering (IPO). The buzz behind the rumor is none other than CRCL. Following the resounding success of CRCL on the New York Stock Exchange, enthusiasts have been speculating about a CRCL IPO.
Apart from CRCL, other platforms, such as XRP, are also being speculated to offer their IPO. However, crypto expert believes that this will lead to an ‘insanely stupid valuation’. Therefore, the new IPO might just become a storm in the coming years.
Is It Happening For Real?
The speculation arose at a time when Ripple CEO Brad Garlinghouse stated that the firm might consider going public by late 2025 or late 2026. Then again, Ripple is not in the right state to release their IPO. The reason is a prolonged regulatory battle between the US Securities and Exchange Commission (SEC) and XRP.
While some experts are squashing the speculation, others believe that this is not just a speculative remark, but that there is a real cause behind it. A popular crypto expert called Pentoshi shared his take on the matter, saying, “Feels only logical that Ripple will have an IPO of it’s own soon following the CRCL IPO it’s coming, you know it, and I know it and likely at some insanely stupid valuation.”
Although the buzz is real, there has been no official announcement regarding the news. Therefore, only time can tell us what is really about to come.
