Ripple CEO Brad Garlinghouse: Strategy of the company acquisition instead of IPO-SEC lawsuit as a decisive hurdle

Ripple CEO Brad Garlinghouse: Strategy of the company acquisition instead of IPO-SEC lawsuit as a decisive hurdle
ripple-CEO Brad Garlinghouse: Focus on acquisitions instead of the IPO
In a recently led interview, Brad Garlinghouse, the CEO von Ripple, commented on the future plans of the company. Garlinghouse emphasized that Ripple will initially not strive for IPOS (initial public offerings). Instead, the company focuses on the acquisition of other companies.
A central point in Garlinghouses statements is the ongoing lawsuit by the US Securities and Exchange Commission (SEC) against Ripple. The current situation of the company presents these legal disputes with a significant hurdle, which makes it difficult for an IPO. Garlinghouse sees the regulatory challenges as a decisive factor that prevents Ripple from going to the stock exchange in the near future.
The decision to focus on mergers and takeovers could enable Ripple to expand his business in a rapidly changing market and at the same time avoid uncertainties with regard to the Seclage. This strategy could also help to acquire valuable resources and technologies that strengthen Ripple in the competition for the development of blockchain technologies and digital payment services.
Overall, it shows that Ripple, led by Brad Garlinghouse, strives to find innovative ways to advance the company, even in a legally challenging environment.