Uphold May Go Public, Betting Big on XRP-Loving Americans
Uphold, the trading app that lets users swap everything from Bitcoin to gold, might be headed for Wall Street. The company is reportedly exploring an IPO or a potential sale, and it’s leaning into one of the loudest corners of the crypto world, the XRP community. The Uphold IPO would put another crypto-native company on.. The post Uphold May Go Public, Betting Big on XRP-Loving Americans appeared first on 99Bitcoins.
Uphold, the trading app that lets users swap everything from Bitcoin to gold, might be headed for Wall Street. The company is reportedly exploring an IPO or a potential sale, and it’s leaning into one of the loudest corners of the crypto world, the XRP community. The Uphold IPO would put another crypto-native company on Wall Street, this time powered by a fiercely loyal user base.
IPO? Acquisition? Something Big Is Brewing
Word on the street is that Uphold has brought in FT Partners to help map out next steps. They’re exploring two routes: go public in the U.S. or sell the company altogether. Either path could land them a valuation above $1.5 billion, which would be a solid win in a market where most firms have been on the defensive.
JUST IN: Uphold exploring IPO while courting XRP-avid US consumers, CEO says
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