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Wall Street Expert Explains Why Ripple Pre-IPo Shares Could Rise 2000%

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Veteran Wall Street analyst Linda Jones has laid out a comprehensive scenario where Ripple could potentially set a new benchmark in IPO valuation history. Speaking with Digital Perspectives, Jones elaborated on her predictions about the company’s future, particularly focusing on its pre-IPO share value.

Pre-IPO Shares Have The Potential For A 2000% Rise

She began her analysis by referencing the current valuation of pre-IPO shares on Linqto, a platform for private investing. “According to Linqto, at $35 a share, which is slightly under $34 today on the Linqto website, that is a $5.7 billion valuation for Ripple stock,” Jones stated. This figure, she noted, is notably lower than the enterprise’s past buyback at a valuation of $15 billion.

The critical aspect of Jones’ analysis hinges on the company’s substantial holdings in XRP. “Ripple has 42 billion XRP in escrow,” Jones explained, highlighting the current XRP price of $0.50.

This pegs the XRP’s worth at around $21 billion, a figure that starkly contrasts with the present valuation, being four times higher. “That makes the XRP worth $21 billion, which is crazy because that’s four times what Ripple is valued at right now,” Jones emphasized, indicating a possible undervaluation.

Jones drew parallels to Coinbase’s IPO, which she described as highly successful. “Coinbase… had an $86 billion valuation. It opened at $250 a share, went up to $429 a share, and closed at $328 a share on its IPO.” Using this as a benchmark, Jones postulated that the fintech firm could achieve a similar feat.

She speculated that combining Ripple’s potential valuation with its XRP holdings could lead to an aggregate worth of approximately $107 billion, a stark contrast to its current valuation on Linqto. This valuation would correspond to about 20x (or 2,000%) the current selling price of pre-IPO shares on

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Author: Jake Simmons

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