XRP

Ripple IPO Goes To Harvard: Business School Study Dives Into Valuation

A Harvard Business School case study titled “Ripple: The Business of Crypto Case – An Analysis and Solution” that could be used in Ripple’s IPO valuation is presently sending waves across the cryptocurrency world and has caught the attention of the XRP community.

Harvard’s Business School Case Study And Ripple IPO Valuation

The case study dives deep into Ripple’s CEO Brad Garlinghouse’s ambitions to revolutionize the global payments industry through the use of XRP, and how the firm plans to achieve this particular goal.

The case study also covers Ripple’s vision for the future. It study provides a wider survey of Ripple’s unique business model, introduces students and crypto enthusiasts to Bitcoin and blockchain technology, and it creates a solid foundation for an expansive blockchain landscape.

Harvard’s business school case study is an all-inclusive analysis, pioneered by acclaimed professors David B. Yoffie, Andy Wu, and Sarah von Bargen. The study aims to provide readers with a pure in-depth view of Ripple’s operations and ambitions.

The analysis has drawn the attention of a prominent influencer within the XRP community Crypto Eri. Eri highlighted the development of the case study on her X (formally Twitter) handle on October 1, 2023.

The influencer believes that the case study might be useful for Ripple’s upcoming Initial Public Offering (IPO) valuation as stated in her post. This is because IPO valuation is an important step every company has to take in determining the fair market value of its shares before being offered to the public.

Additionally, the case study could play a significant role in how potential Ripple investors see the company and influence market positioning since the study further examines the regulatory dynamics surrounding the firm.

XRP price chart from Tradingview.com (Ripple IPO)

XRP price makes a stand above $0.50 | Source: XRPUSD on Tradingview.com

Pro-XRP Lawyer Continues To Blast The US SEC Chairman

Pro-XRP lawyer John Deaton has recently blasted the United States Securities and Exchange Commission (SEC) Chairman Gary Gensler on his security stance and questioned the chairman’s efficiency.

Deaton took to X to express his displeasure saying that the chairman has no clue what is or isn’t an investment contract also known as Security. This was in response to a 2022 clip post of Gary Gensler saying Ethereum (ETH) had transformed from a security to a non-security as it had become more decentralized.

Deaton further questioned the chairman’s competency saying that Gensler continues to ignore the fact that US Securities laws do not apply to the purchase of an asset for non-investment use cases.

In his tweet, Deaton highlighted that the Chairman might be seeing himself as someone above the law as he doesn’t give a shit what the law says. Deaton concluded his tweet suggesting that Gary Gensler must go, to further express his disbelief in the chairman. 

In June 2023, Congressman Warren Davidson also called for the chairman’s removal calling Gary Gensler a “tyrannical” chairman. The Congressman claimed that the SEC’s actions against the crypto industry are unjust and must be protected from Gensler.

Featured image from YouTube, chart from Tradingview.com

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