Ripple CEO Brad Garlinghouse says that the San Francisco-based payments company wants to go public once its legal battle with the U.S. Securities and Exchange Commission (SEC) is resolved.
In an interview during the Consensus 2021 event, Garlinghouse commends Coinbase following the crypto exchange’s debut on the Nasdaq in April.
“I give Coinbase a huge amount of credit. They have been a leader across crypto here in the United States for years and getting them out, I think, is good for crypto overall. I think what I said is, you know Ripple wouldn’t be the first and Ripple certainly won’t be the last.”
Garlinghouse says Ripple is considering pushing through with its plan to launch an initial public offering, but it will have to wait until the lawsuit with the SEC is over.
“I think that the likelihood that Ripple is a public company is very high at some point. I think in the middle of an SEC lawsuit, you