- Ripple may create subsidiaries for streamlined cross-border operations post-IPO.
- A potential separation of Ripple’s brand from XRP is considered, enabling XRP’s autonomy in payment services.
- XRP community actively discusses renaming and RippleX integration in response to restructuring speculations.
In a recent X post, prominent XRP influencer WrathofKahneman ignited a wave of speculation and discussion within the cryptocurrency community regarding Ripple’s future, particularly in light of the possibility of an initial public offering (IPO).
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The XRP community is buzzing with excitement as they contemplate the potential implications of WrathofKahneman’s thought-provoking insights. One key projection made by the crypto influencer is that Ripple might consider creating subsidiary companies to handle its cross-border payment operations should it decide to go public.
This strategic maneuver could serve to streamline payment licensing, allowing Ripple to expand into new markets with the help of partner firms and simplifying regulatory approvals.
Moreover, WrathofKahneman suggests that such a restructuring might lead to a partial detachment of Ripple’s brand from XRP. This intriguing idea could result in XRP functioning as an autonomous entity, with a renewed focus on the development of its payment services. The potential for locating these subsidiaries outside of the United States to leverage international tax benefits is also on the table.
Intriguingly, these subsidiaries might gain the ability to independently acquire smaller remittance companies without requiring approval from Ripple’s shareholders, further enhancing their operational independence.
The XRP community’s reactions to these projections have been varied. Dizercapital founder Yassin Mobarak expressed agreement with WrathofKahneman’s views. Meanwhile, other enthusiasts have suggested the possibility of renaming XRP to disassociate it from Ripple, although this idea was met with skepticism by the influencer, who called it “structurally hairy.”
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