Why Ripple’s IPO Is More Like a Lazy Catnap than a Sprint 💤💰
Long, who has trod Ripple’s corridors for twelve years, having once shared the stage with co-founder Chris Larsen at Prosper, began by recounting the days of yore when banks, with no small measure of disdain, “slam[med] the door in our face” as the notion of blockchain-cross-border settlements first graced their presence in 2014. Now, a decade later, those very banks—once so dismissive—have taken to the idea as if it were a long-lost cousin returned from distant lands. “Banks understand this will be the future of finance,” she mused, setting the stage for Ripple’s new dance into custody, stablecoins, and the tokenization ball.