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Ripple continues to attract attention with recent topics. According to this, the fintech payment company published a new job announcement for a senior executive position in the United States and different locations on October 16. This job announcement has led to speculation in the crypto community about possible plans for going public.
Notable Details in the Job Announcement
The position highlighted in the job announcement is the task of direct communication with shareholders, which is generally associated with publicly traded companies. The selected candidate will be responsible for developing and implementing communication and relationship management strategies for current and potential investors, existing shareholders, and financial analysts.
The job description specified in the announcement emphasizes that the candidate should create specific strategic plans for situations such as investments, liquidity events, and other high-impact issues. The responsibilities include creating investor-focused materials such as presentations, information forms, case studies, and analyses to inform and educate potential investors about the company’s expectations and performance.
The required qualifications for this position are known as a necessary component of the initial public offering (IPO) preparation process. The responsibilities also include maintaining a shareholder database and managing routine communications such as quarterly updates.
Ripple’s Initial Public Offering Plan
The Ripple community and XRP supporters suggest that this job announcement may indicate the possibility of the company going public. Some key executives of the company have also hinted at the possibility of Ripple going public, but they have not provided any indication of when this development might occur.
The crypto-focused payment company has recently been in the spotlight due to the lawsuit filed by the U.S. Securities and Exchange Commission (SEC), claiming that XRP is a security. Ripple achieved a major victory in the legal battle when Judge Torres ruled in July that XRP is not a security for sales on cryptocurrency exchanges.
Ripple’s senior executives claimed that although the SEC case cost the company many business opportunities in the United States, most of the transactions involved in the case were outside of America.
