Ripple should start preparing for IPO as soon as legal issues with SEC are resolved
Yoshitaka Kitao, CEO of Japanese financial giant SBI Holdings, has suggested that Ripple should prepare for an initial public offering (IPO) as soon as its legal issues with the U.S. Securities and Exchange Commission (SEC) are resolved in order to seize market opportunities. Kitao has been a supporter of Ripple since 2017, considering it an important partner in driving innovation in cross-border payments, and emphasizing the advantages of XRP in efficiency, low cost, and scalability. He also joined Ripple's board of directors in 2019 to help expand its business in Japan and the Asia-Pacific region.
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