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Ripple vs SEC Aftermath: Court Ruling on XRP Sales Now Key to IPO Future

6M ago
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Ripple v SEC Aftermath: Court XRP Sales Ruling Holds IPO Key
  • Ripple seeks legal clarity to enable private XRP sales before potential IPO launch.
  • Settlement and court ruling are vital to Ripple’s IPO timeline and legal certainty.
  • SEC procedures may delay Ripple’s IPO plans until at least early 2027.

Ripple Labs is actively pursuing an indicative ruling from the U.S. District Court as it prepares for a possible initial public offering (IPO). This is a key move as the company gets closer to the end of its long legal fight with the Securities and Exchange Commission (SEC). 

Legal experts see this as Ripple making a strategic move to get clear guidance on its ability to make private XRP sales in the future. These sales are seen as critical for the company’s IPO preparations – a major goal for Ripple.

Significantly, digital asset lawyer James Farrell believes that Ripple is targeting a settlement alongside a court-endorsed modification of a prior judgment. That modification would specifically allow Ripple to sell XRP privately, something seen as essential before trying to go public. 

Without such clarity, Ripple faces a tough path to launch an IPO within the next three…

The post Ripple vs SEC Aftermath: Court Ruling on XRP Sales Now Key to IPO Future appeared first on Coin Edition.

6M ago
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