In an interview with CNN Ripple’s CEO, Brad Garlinghouse shed light on Ripple’s growth, crypto regulations around the glove, and Ripple’s future. He also talked about Ripple’s IPO, which made news after he hinted about Ripple going public during the World Economic Forum.
“Regulatory clarity is getting better.”
Speaking with CNN’s Julia Chatterley, Brad Garlinghouse said that Ripple had a great 2019, which ended with it raising $200 million and taking on board 300 customers. The CEO said that they started 2020 on a great momentum because it moved away from speculation to a utility. He asserted that as the momentum builds, more customers will get on board, subsequently increasing liquidity. According to Brad Garlinghouse, 2020 will be better as global regulatory clarity gets better in countries around the world.
INTERVIEW PART I 👇🏼
"Once regulators understand you're not circumventing regulatory frameworks they get very comfortable very quickly," @Ripple CEO @bgarlinghouse explains why he's on a mission to educate regulators around the world. pic.twitter.com/2PMVvj3PZU
— Julia Chatterley (@jchatterleyCNN) February 17, 2020
Ripple is open to IPO, but not anytime soon.
The CEO of Ripple, Brad Garlinghouse, during the World Economic Forum held in Davos this year, predicted that we would see more Initial Public Offerings (IPOs) in the cryptocurrency space in 2020. This prediction led several people to think Ripple might file an IPO soon. During the interview, Garlinghouse said that he kind of kept it open, and then people heard something a litter bit different than that.