Ripple CEO Expects XRP in U.S. Strategic Reserve and Possible IPO
Ripple CEO Brad Garlinghouse stated that XRP is part of the White House’s proposed digital asset stockpile and expects an XRP exchange-traded fund (ETF) to launch before the end of 2025. This optimism follows the resolution of Ripple's legal battle with the U.S. SEC, which dismissed its case against Ripple.
Key points include:
- XRP mentioned in President Trump’s initiative for a bitcoin strategic reserve and crypto stockpile.
- Garlinghouse anticipates a wave of XRP ETF approvals in late 2025, with over ten applications pending with the SEC.
- XRP has risen 11% to over $2.51, becoming the third-largest token by market capitalization, surpassing USDT.
- A Ripple Labs IPO could be possible but is not a priority for the company.