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A former Ripple executive predicts the valuation that the company could reach if it files for an IPO
Date:
June 14, 2025
A former Ripple director indicated that Ripple's potential IPO could be a historic event, given its estimated value.
In a post on X yesterday, Sean McBride predicted that Ripple's recent buyback offer indicates the company's value at $30 billion.
The largest initial public offering in history
McBride inferred this estimate after Ripple revealed plans to buy back its own shares worth $700 million at a fixed price of $175 per share. Sources revealed that Ripple announced the buyback initiative in a statement sent via email to current shareholders.
- Announcement -
Notably, McBride inferred a $30 billion estimate by multiplying Ripple's offer of $175 per share by the total number of outstanding shares. According to McBride, if Ripple chooses to launch its shares for an initial public offering with an estimated value of $30 billion, it would be the largest IPO in history.
Renaissance Capital data indicates that Saudi Aramco holds the title for the largest global initial public offering, having raised about $25.6 billion in 2019. The tech giant Alibaba ranks second, having raised about $21.76 billion in its IPO in September 2014.
With Ripple's estimated value at around $30 billion, McBride pointed out that the company could surpass all IPOs in history. He described this valuation as 'unrealistic,' emphasizing how remarkable this achievement would be if Ripple were to file for an IPO at this level.
The potential timeline for Ripple's initial public offering
Speculation about Ripple's potential IPO has increased recently, with many experts predicting when the company might go public.
Last year, McBride predicted that Ripple might file for an IPO outside the United States by 2025. At that time, McBride made this prediction during the peak of the SEC's lawsuit against Ripple.
- Announcement -
Furthermore, renowned financial expert Linda P. Jones predicted that Ripple's IPO could take place sometime this year. However, McBride confirmed in his latest update that Ripple will not be filing for an IPO anytime soon.
While major companies focusing on cryptocurrencies like Circle and Coinbase have gone public, Ripple does not prioritize an IPO due to its large cash reserves.
Instead, the company is focusing on growing its business, as evidenced by its recent acquisition of Hidden Road for $1.25 billion. Ripple also attempted to acquire Circle, the leading stablecoin issuer, before its IPO, after raising $1.14 billion.
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