Ripple CEO drops IPO hint, but XRP investors aren't amused

XRP investors were surprised to hear Ripple CEO Brad Garlinghouse drop a bombshell comment during the World Economic Forum in Davos regarding the company potentially listing on the public markets in the near future.

This comment came close on the heels of news regarding the company raising a whopping $200 million from private investors, as well as reports regarding their Q4 XRP token sales being the smallest seen in nearly three years.

Although it remains unclear as to what implications a Ripple public listing could have on XRP, investors in the embattled token don't seem to be too enthused about the news.

Brad Garlinghouse: Ripple to be on the leading end of blockchain-related IPOs.

During a discussion at the Wall Street Journal's "Journal House" panel in Davos Switzerland, the Ripple CEO made the comments regarding engaging in a public listing in the near future, telling the panel host that Ripple won't be the first nor the last to go public, but that they will be on the "Leading side" of blockchain companies being listed.

"In the next 12 months, you'll see IPOs in the crypto/blockchain space. We're not going to be the first and we're not going to be the last, but I expect us to be on the leading side it's a natural evolution for our company."

This is certainly notable news, as it signals that the company's recent $200m Series-C private capital raise might be their last round of fundraising before they undergo an initial public offering.

Cantering Clark, a popular cryptocurrency analyst on Twitter, called Garlinghouse's recent comments the "Ultimate fade" on investors in the embattled token.

" just pulled the ultimate fade on $XRP holders Oh, uh guys, yeah we are actually going to IPO now, and offer shares that carry equity.

Of course, there's no guarantee that a public listing will impact Ripple's eagerness to build utility around the XRP token, but it will make it much easier for them to operate without having to add value to the XRP ecosystem.