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Is Ripple Considering an IPO? New Job Listing Sparks Speculation

2 mins
Updated by Geraint Price
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In Brief

  • Ripple's new job listing for a "Shareholders Communications Senior Manager" fuels speculation of an impending Initial Public Offering (IPO).
  • The role involves managing communications with investors and shareholders during "high-impact" events like mergers and Acquisitions.
  • While some argue this role could be for private shareholders, an official statement from Ripple is needed before speculation ends.
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Ripple has published an advertisement for a “Shareholders Communications Senior Manager” with an annual salary range of $143,792 – $179,740, leading to speculation the company is considering an Initial Public Offering (IPO).

The community has been discussing the possibility of the Ripple IPO for so long. However, a new job opening is now acting as a catalyst for the speculations.

New Job Opening Propagates Rumor

Referring to the position of the “Shareholders Communications Senior Manager,” a community member wrote on X (Twitter):

“From my understanding, reason you need a Shareholders Communication Manager… is [it] for an IPO.”

Read more: Essential Tips for Writing a Web3 Resume That Will Land You the Job

Ripple IPO
Ripple job opening. Source: Career page of the official website.

The XRP developer is offering an annual compensation budget of $143,792 – $179,740 for the particular role. The job description mentions:

“In this role, you’ll be responsible for the communications and relationship management strategy/execution for key groups of existing and prospective investors, current shareholders and financial analysts.”

Furthermore, the candidate is expected to develop strategic plans and communications for the audience during events such as mergers and acquisitions, investments, and other “high-impact” moments. Is Ripple actually signposting an IPO when it says “high-impact” moments?

Cryptocurrency firms, including the crypto exchange Coinbase (COIN) and various mining companies such as Riot Platforms (RIOT), Marathon Digital Holdings (MARA), and many others, are already listed on the Nasdaq exchange.

Read more: The 7 Hottest Blockchain Stocks to Watch in 2023

Some community members argue that this role may not necessarily be for the IPO, stating that private shareholders exist. However, only an official statement from Ripple can end this speculation.

BeInCrypto has reached out to Ripple and is awaiting a reply.

Do you have anything to say about the Ripple IPO or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter).

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Harsh Notariya
Harsh Notariya excels in delivering SEO-optimized crypto news under tight deadlines. Previously, as a Growth Marketer at Sporty and a Community Consultant at Totality Corp, he significantly boosted community engagement and followers. Harsh also crafted engaging content for top crypto influencer Shivam Chhuneja, blending meme references for an educational yet fun experience. His versatile skills make him a notable figure in crypto journalism.