Ripple has held an IPO roadshow in April and attracted several Wall Street institutions

Fox reporter Eleanor Terrett tweeted: "In April Ripple held a private "roadshow" (a marketing event where the company and its underwriters met with potential investors to generate interest in an initial public offering (IPO)). interest). As far as I know, almost all reputable institutional investment firms participated in this event. "

Terrett noted: "A move like this by Ripple does not mean they will go public tomorrow or in the next few months. It takes at least six months to prepare for an IPO, but meetings with leading Wall Street analysts suggest that Ripple is starting to move the process forward. "