Uphold Explores IPO, Targets XRP-Obsessed U.S. Crypto Market
The prominent digital currency trading platform, Uphold, is reportedly exploring an initial public offering (IPO) while strategically courting U.S. consumers with a keen interest specifically in XRP—the native cryptocurrency of the XRP Ledger.
In a report, Uphold CEO Simon McLoughlin revealed that the company’s board has appointed FT Partners to look into various options, which possibly include an initial public offering (IPO) in the United States or selling the company operation to other giant corporations.
Following Circle’s striking listing on the NYSE, the IPO talk has set a number of crypto companies preparing to go public amid rapidly increasing crypto adoption. This trend is further evidenced by a recent filing from…
