Ripple Labs Inc's recent acquisition of Metaco for $250 million has gained recognition from NASDAQ Global Select Market, leading to speculation that Ripple may consider going public through an IPO. However, Ripple must first resolve its securities lawsuit with the SEC to go public in the US. Going public could signal growth for Ripple and attract more investors who recognize the firm's regulatory standing. The acquisition of Metaco can also strengthen Ripple's presence in the European Union.
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Ripple's Acquisition of Metaco Fuels Speculation of Potential IPO Plans Amid Ongoing Legal Battle
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