Ripple IPO Odds Fade as Legal Barriers Persist, Says Schwartz
Tech Ripple IPO Odds Fade as Legal Barriers Persist, Says Schwartz David Schwartz Reveals Why Ripple Still Has No Legal Path to an IPO Ripple‘s long-speculated IPO (initial public offering) is running into a hard legal reality. While market chatter continues, executives have made it clear that a public listing isn’t a near-term priority, and former CTO David Schwartz the core issue is simpler: the current legal framework still doesnt support it. The discussion intensified after Ripple CEO Brad Garlinghouse recently explained that the company is taking a cautious stance toward an IPO. Garlinghouse pointed to the of crypto firms like Gemini and Kraken as examples of why Ripple is not rushing toward the public markets. Now, David Schwartz has added a new dimension to the debate, noting that Ripple stock is already classified as a security under current U.S. law. This designation, he explains, introduces major legal constraints that make tokenizing Ripple equity or enabling it to trade like a crypto asset far more complex than many investors assume. His remarks also highlight a common misconception in the market: Ripple equity and XRP are fundamentally different instruments, governed by entirely separate rules and legal frameworks. Why Ripple Still Has No Clear Legal Path to Go Public XRP and