Crypto
Wall Street Specialist Predicts Ripple IPO in 2024
courtesy of bitcoinist.com
A Wall Street financial specialist has made a compelling case for Ripple's Initial Public Offering (IPO), predicting that the crypto payments provider would launch its IPO in the coming year. Bestselling author and Wall Street investment expert, Linda P. Jones, recently made an appearance as a speaker at Linqto, a leading global financial investment platform.
Insights from Linda P. Jones
In her interview with Linqto, Jones went deep into her financial views of the XRP token. She also gave detailed insights and specific dates for the expected launch of Ripple's IPO. Jones announced her session with Linqto in an X post on Friday. She outlined several aspects of her interview including how she believed the Ripple would go public soon and what her thoughts were on the value of the stock market.
"Here is my interview with Linqto today. We talked about when Ripple might go public, my back-of-the-envelope calculation for what the stock might be worth, and potential acquisition targets," Jones stated.
Predicted Launch Date
The Wall Street financial expert emphasized that Ripple's IPO could have far-reaching impacts and potential on the development of the Ripple ecosystem, while also encouraging the growth value of the XRP token. Jones predicted that the IPO would most likely be launched around May 15, 2024. She stated that the timeline would be the most ideal for the crypto payments network. Jones has also stated that if the IPO does not take place in 2024, then it would probably get delayed until 2025.
"I think there's an opportunity if Ripple wants to go public next year, that mid-May would be an ideal time, right around May 15," Jones said. She added, "If it doesn't happen, then I think it probably won't happen until 2025."
Cautious Optimism
While the hype of Ripple's potential IPO launch has become the latest discussion in the XRP community, Linda Jones has cautioned about the timeline of the IPO, stating the possibility of Ripple not going public at the expected dates. Jones also publicly voiced her optimism regarding the success of the anticipated IPO launch. The Wall Street investment specialist has based her predictions on the economic outlook of 2024, where many expert crypto analysts have predicted a strong bull run stimulated by the ongoing ETF mania and the 2024 Bitcoin halving.
Jones informed Linqto that a positive market outlook in 2024 could become a great setting for public offerings to flourish. "I do think we will go into this incredible bull market that will happen from the drop of inflation and interest rates that will lead to a very strong rise in stocks that will allow the IPO market to get very hot next year," Jones said.
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