Top Trader Asks Key XRP Question About Ripple IPO

Crypto heavyweight Ansem is back in the spotlight, this time by reviving one of the market’s worst kept secrets — what really happens to XRP if Ripple goes public?

The question landed at a moment when XRP is holding strong above $2. But more than price, it is the timing and framing that’s turning heads. With most eyes elsewhere, Ansem cut straight to the mismatch between Ripple’s scale and how the market seems to be pricing in that weight.

Over the past year, Ansem has evolved from a high-engagement trader into one of the most influential narrative spotters in crypto Twitter. His posts often catch fire not just because of the ideas but because they tend to land before a trend fully unfolds.

if ripple labs ipos what happens to the token?

— Ansem (@blknoiz06) June 29, 2025

There is plenty of data to lean on. Ripple currently has 36.2 billion XRP locked in escrow — worth around $79 billion at today’s prices. That does not even count its active enterprise blockchain infrastructure, global banking integrations and dominant position in the cross-border payments game.

The last known private valuation of $11.3 billion, logged earlier this year, already feels outdated. Comparisons to Circle — whose stock exploded 600% post-IPO — highlight how equity hype alone can ignite surrounding assets.

Ripple and XRP are technically separate, but for traders and retail users, that line is blurry at best. XRP’s chart often reacts to Ripple’s announcements, partnerships and legal updates.

No one is saying that Ripple is definitely going public in 2025. In fact, the company’s leadership has said it is not a priority. But the market might not wait for official plans.

Source