CEO von Ripple: A IPO had no high priority because the company is in a strong financial situation

• Brad Garlinghouse said that Ripple was in a "strong financial position" and that a ripple IPO was a "background topic".
• Garlinghouse said that Gary Gensler's "days are counted as a second chairman"
• The CEO believes that the headwind on the market gradually wanes and more capital flows into the industry

The CEO of Ripple said that a IPO has no priority for the company, including the challenges with the US stock exchange supervision Sec (Securities and Exchange Commission).

Speaking of At the Ripple Swell conference, Brad Garlinghouse spoke about the future of XRP, the SEC, the crypta control, ripples new RLUSD stable and the submission of stock market traded XRP funds (ETF).

On the topic of an IPO, Garlinghouse said: "For us, a IPO was not a high priority, and this is partly due to the fact that the Sec is not our friend."

He added that a company can only carry out a IPO because it would like to procure capital. Garlinghouse stated that Ripple was in a “strong financial situation” that led to Ripple investing in various crypto projects.

"We have a certain dynamic here with Ripple," said Garlinghouse. "On the one hand, we have an hostile SEC, a hostile US environment and we have a company that does not have to get a capital. So it was only a secondary topic."

In particular, he did not exclude the possibility of a IPO in the future.