Ripple's CEO Confident of XRP in U.S. Strategic Reserve, Says IPO is "Possible"

Ripple CEO Brad Garlinghouse sees intimately related XRP arsenic portion of the White House’s projected integer plus stockpile and anticipates the motorboat of an XRP exchange-traded money (ETF) earlier the extremity of 2025, per a Bloomberg Markets interview.

Garlinghouse’s optimism came aft the solution of Ripple’s long-standing ineligible conflict with the U.S. Securities and Exchange Commission (SEC), which concluded with the bureau dropping its lawsuit against the institution connected Wednesday.

“XRP was named by the President of Truth Social. (He said) there’s gonna beryllium a bitcoin strategical reserve and a crypto stockpile that volition see things similar XRP,” Garlinghouse told Bloomberg’s Sonali Basak, referring to the inaugural formalized by President Donald Trump’s enforcement bid successful aboriginal March.

The Ripple CEO besides foresaw a “wave of XRP ETF approvals” successful the 2nd fractional of 2025, noting a increasing database of implicit 10 applications pending with the SEC from firms similar Bitwise and Franklin Templeton.

“I person immense assurance successful the ETFs,” helium said, pointing to the occurrence of XRP exchange-traded products (ETPs) extracurricular the U.S. Meanwhile, a Ripple Labs IPO isn’t retired of question either. “Something is possible; it isn’t a immense priority,” helium said.

XRP has climbed 11% to implicit $2.51 successful the past 24 hours, starring gains successful the broader market. It has flipped USDT to go the third-largest token by marketplace capitalization down bitcoin and ether (ETH) arsenic of Asian greeting hours Thursday.