If Ripple Lists on the Stock Market, Will XRP Holders Also Get Rich? Garlinghouse's Surprise Remark

▲ Ripple CEO Garlinghouse, XRP/ChatGPT Generated Image ©

Brad Garlinghouse, CEO of Ripple, made a surprise statement that special compensation could be offered to XRP (Ripple) holders if the company pursues an initial public offering (IPO) in the future, completely dispelling market concerns that business expansion would diminish the cryptocurrency's standing.

According to crypto media outlet Bitcoinist on May 8 (local time), Garlinghouse made this statement during an appearance on the Crypto In America podcast at the XRP Las Vegas event. He candidly shared his views on the community's demand for a more direct share in the company's economic success, given Ripple's growth and its recent recognition of a massive $50 billion valuation during a share buyback process.

He drew a line, stating that he is not currently considering short-term profit distribution mechanisms like token buybacks. Instead, when asked if there's a possibility of taking special measures for holders if Ripple lists on the stock market in the future, he left a positive margin, saying it could happen. However, he mentioned the lackluster listing performance of recent companies in the same industry, clarifying that for now, Ripple does not plan to rush into an IPO and intends to maintain the advantages of being a private company for the time being.

Along with this, Garlinghouse firmly dismissed concerns that the company's recent expansion into business areas such as stablecoin issuance and institutional infrastructure development might dilute the role of existing cryptocurrencies. He emphasized that Ripple remains the largest shareholder, holding the most XRP on the planet, and is the strongest stakeholder passionately wishing for XRP's success.

He explained that all of the company's strategies are focused on making XRP the most useful, liquid, and reliable digital asset in the world. Even business expansions or investments that appear to have no direct superficial connection are ultimately part of a broader blueprint to increase institutional adoption around the ledger and deepen liquidity.

Finally, he reassured investors by calling the community a family and reiterating that making decisions beneficial to the entire ecosystem is the company's core mission. Meanwhile, as of the time of reporting, XRP is trading at $1.379, maintaining a strong trend.

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