If Ripple Lists on the Stock Market, Will XRP Holders Also Get Rich? Garlinghouse's Surprise Remark

▲ Ripple CEO Garlinghouse, XRP/ChatGPT generated image ©

Brad Garlinghouse, CEO of Ripple, made a surprise remark that special compensation could be offered to XRP (Ripple) holders if the company pursues an initial public offering (IPO) in the future, completely dispelling some market concerns that business expansion would narrow the cryptocurrency's standing.

According to crypto media outlet Bitcoinist on May 8 (local time), Garlinghouse made this statement during an appearance on the Crypto in America podcast at the XRP Las Vegas event. He openly shared his views on the community's demand for a more direct share in the company's economic success, given Ripple's growth and its recent valuation of a massive $50 billion during a stock repurchase process.

He drew a line, stating that he is not currently considering short-term profit distribution mechanisms such as token buybacks. Instead, when asked if there was a possibility of taking special measures for holders if Ripple were to be listed on the stock market in the future, he left open a positive possibility, saying it could happen. However, he also mentioned the lackluster listing performance of peer companies in the industry recently, making it clear that for now, Ripple plans not to rush into an IPO and to maintain the advantages of being a private company for the time being.

Garlinghouse also firmly dismissed concerns that the company's recent expansion into business areas such as stablecoin issuance and institutional infrastructure development could dilute the role of existing cryptocurrencies. He emphasized that Ripple remains the largest shareholder, holding the most XRP on the planet, and is therefore the most powerful stakeholder with a strong desire for XRP's success.

He explained that all of the company's strategies are focused on making XRP the most useful, liquid, and trustworthy digital asset in the world. Even business expansions or investments that may seem superficially unrelated are, in the end, part of a broader master plan to increase institutional adoption around the ledger and deepen liquidity.

Finally, he reassured investors by repeatedly emphasizing that the community is like family, and making decisions that benefit the entire ecosystem is the company's core mission. Meanwhile, as of the time of reporting, XRP is trading at $1.379, maintaining a solid trend.

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