XRP Lawyer Predicts $100B Ripple IPO Could Shock Wall Street

XRP is once again in the spotlight with discussions heating up over Ripple’s potential entry into public markets, following a bold prediction from pro-XRP attorney, John Deaton. He suggests that Ripple could command a valuation of $100 billion upon going public, a projection that’s capturing the attention of the financial world.

In light of the impressive performance of Circle’s recent IPO, where the firm’s market value skyrocketed past $66 billion—outpacing even its USDC stablecoin’s supply—Deaton signaled that similar success might await Ripple. He acknowledged that Ripple CEO Brad Garlinghouse has historically downplayed the urgency of an IPO, yet current market dynamics could make a public debut more favorable.

Garlinghouse previously remarked that going public was possible but not a pressing priority for the company. However, Deaton highlighted that investor momentum and crypto market appetite for established companies could shift that perspective. As the legal landscape becomes more defined and interest in blockchain-based enterprises grows, Ripple might seize the opportunity sooner than previously anticipated.

Ripple’s position in the crypto sector is significant—it holds approximately 36.2 billion XRP in escrow, equating to a value of $78.8 billion at current rates. This figure doesn’t even factor in its enterprise blockchain technologies and its sweeping network of international partnerships. By contrast, Ripple’s private valuation earlier this year was pegged at $11.3 billion, but that figure is already being challenged by bullish trends and increased clarity surrounding XRP’s regulatory path.

The excitement is further fueled by XRP’s token price nearing the $2 mark and the growing possibility of XRP being included in a crypto-based ETF, which could boost institutional confidence in the token. With more than 40 billion XRP in circulating and escrowed supply, Deaton argues that Ripple has the potential to rival or even exceed Circle’s market success.

Circle’s listing on the NYSE was pivotal, especially as its equity valuation exceeded the total value of its issued USDC. Deaton drew direct parallels with Ripple, suggesting that if Circle can attain such figures simply with a stablecoin, Ripple’s multifaceted operations—including cross-border payments, On-Demand Liquidity, and decentralized services—could justify the $100 billion figure Deaton has spotlighted.

Despite Ripple President Monica Long stating earlier this year that an IPO won’t be happening in 2025, citing a strong balance sheet and share repurchases, the market appetite for successful, crypto-centric companies is growing fast. With investors applying high multiples to crypto infrastructure firms, the window for Ripple to accrue significant investment capital via an IPO may be opening wider.

If Ripple does advance toward public markets, it could fundamentally shift how blockchain-native firms engage with traditional finance, increasing credibility for digital assets like XRP. Investors are watching keenly, not just because of Ripple’s prominent place in the crypto ecosystem, but because of the multiplying factors of escrowed assets, rising token price, and enterprise integration that place Ripple in a league quite different from its peers.

This IPO speculation represents a significant moment for XRP enthusiasts, many of whom believe that a Ripple public listing could catalyze broader institutional adoption of both RippleNet and its native token. It’s not merely about valuation—it’s about redefining the strategic position of companies utilizing blockchain to accelerate global finance.

While there has been no official confirmation or updated IPO schedule from Ripple, the buzz created by Deaton’s analysis is creating ripples through financial circles. Should the company act on this momentum, its IPO could mark one of the most transformative events on Wall Street in the era of digital finance.

Related: Expert Advice: Sell XRP If You’re Confused

The question now is whether Ripple will adapt its strategy to align with growing investor interest and pursue this high-stakes opportunity, possibly reshaping the outlook for crypto’s integration with traditional capital markets.