Ripple IPO Next After Circle and Gemini IPO Join Wall Street Race?

Circle and Gemini IPO Success Raise Hopes for the Ripple IPO Listing

The world of crypto just experienced a historic week with leading crypto companies going public on Wall Street. Following Circle Internet Group's successful initial public offering and going public, another crypto exchange, Gemini, launched by twins Tyler and Cameron Winklevoss, also hit the Nasdaq. Investors and enthusiasts now question themselves—is Ripple next? Let’s find out. 

Circle IPO Makes History with Nasdaq listing

Circle Internet Group, the stablecoin issuer of USDC, listed on June 5, the first such issuer on a leading stock exchange. Circle's IPO price was the hot topic, and its stock, CRCL, was a historic milestone for crypto companies.

Circle Stock price closed on the 12th of September at $125.32, down by 6.27% for the day. But on September 15 in pre-market trading, CRCL stock price went up slightly to $126.91. This caused ripples in the finance and cryptocurrency communities, demonstrating digital asset firms slowly gaining entry into traditional markets.

Source: Yahoo Finance 

The initial public offering has paved the way, showing the manner in which crypto companies can successfully integrate their company in the stock market.

Gemini IPO Success and Stock Movement

Not long after Circle, Gemini also joined the race on September 12. The exchange traded at $28 a share, with a market value of about $3.3 billion. Demand for shares from investors was enormous, with the issue purportedly overbought 20 times, Reuters said. Gemini Nasdaq listing took place under ticker GEMI started at $37, rose to intra-day highs of $45.89 before finishing the day at $32.

Source: Yahoo Finance

During pre-market trading on September 15, GEMI traded marginally higher at $33.08, which reflects consistent investor belief. The Gemini cryptocurrency exchange Nasdaq debut underscores growing interest in crypto firms entering public markets and provides a benchmark for future IPOs.

When Will Ripple Join the IPO Party?

After the success of Circle and Gemini, attention has shifted to Ripple. Many investors are wondering about the next step for XRP. While Ripple IPO news is not out yet, the company's strategic partnerships and licensing deals indicate that it might be preparing for an Initial Public Offering. CEO Brad Garlinghouse already countered a 2025 IPO rumor but did not completely close the door. This leaves folks speculating, with some people wishing for a possible XRP listing coming soon.

The primary reason that might cause a delay is the delayed approval of the XRP ETF. The U.S. SEC has postponed its ruling on the XRP ETF until October 2025. Ripple may wait until these regulatory matters are resolved before pursuing an offering. In the meantime, the XRP price continues to be monitored at $2.97 with a market cap of $177.54 billion and 24-hour trading volume of $5.66 billion. The altcoin remains in the spotlight, and the news shows that retail and institutional investors remain keen on the market.

Conclusion 

With Circle and Gemini reportedly completing successful public offerings, the market is now turning its attention to Ripple. Although XRP's IPO has not yet been officially confirmed, its cautious approach to approving ETFs leaves the door open for a public listing to be the next big step. Investors are continuing in optimistic and anticipatory expectation for the next big crypto debute.

Disclaimer: For educational purposes only. Always do your own research before any crypto investment.