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A job ad on ripple suggests an IPO, according to the XRP community.

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Unveiling the potential candidate’s role and responsibilities typically involves criteria intricately intertwined with the prerequisites for a company contemplating an IPO.

On the 16th of October, Fintech payments juggernaut, Ripple, unveiled a fresh job listing. The position in question is that of a shareholder communications senior manager, spanning various locations within and beyond the United States. This job posting sparked considerable interest among crypto enthusiasts, who construed it as an official indication of the company’s intentions to go public. Delving into the specifics of the role, it mandates direct communication with shareholders—a concept commonly associated with publicly traded entities. The chosen candidate shoulders the responsibility of crafting and executing communication and relationship management strategies tailored for “existing and prospective investors, current shareholders, and financial analysts.” Noteworthy is the emphasis on the candidate’s imperative to formulate strategic plans tailored for scenarios such as “M&A [mergers and acquisitions], investments, liquidity events, and other high-impact moments.” The scope of the role encompasses the creation of investor-centric materials like “presentations, fact sheets, case studies, and analyses,” designed to enlighten and educate potential investors about the company’s prospects and performance—a crucial facet of the initial public offering (IPO) preparation process. Additional responsibilities encompass the maintenance of a shareholder database and the oversight of routine communications such as quarterly updates. Within the realm of XRP enthusiasts and the pro-Ripple community on X (previously Twitter), the job listing is being construed as a subtle suggestion of an impending IPO. While certain executives from the company have vaguely alluded to the possibility of Ripple going public, no concrete indications of timing have been disclosed.

This crypto-centric payments entity has recently found itself under the spotlight due to the U.S. Securities and Exchange Commission’s (SEC) legal action, claiming XRP’s classification as a security. In a pivotal win in July, a judge ruled that XRP, in terms of sale on digital asset exchanges, does not qualify as a security. Despite setbacks in the U.S. due to the SEC lawsuit, key Ripple executives assert that the majority of their remittance business operates outside the American borders.

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