- Linqto opens Ripple’s pre-IPO shares to the broader crypto community.
- Ripple’s pre-IPO shares are priced at $60.08 each, with a discounted rate available for larger investments.
As blockchain investments surge in popularity, the crypto community and XRP supporters have a renewed chance to secure shares of Ripple prior to its much-anticipated initial public offering (IPO). Drawing from a tweet by Linqto, they stated:
🚀 @Ripple shares are now available on Linqto! We remain committed to democratizing access to private market investments to all investors
Learn more here: https://t.co/e0O9lko4PC#RippleNet #Ripple #XRP #Linqto pic.twitter.com/5RnOUn5dfB
— Linqto (@linqtoinc) October 11, 2023
Earlier, Linqto’s top executive hinted at reopening Ripple equity share sales after the initial offer maxed out. This September, Linqto pioneered an investment path for the crypto community, even those without accredited investor status, to engage in Ripple share purchases. This resulted in a swift share sell-out, mirroring the relentless demand for Ripple stocks.
The How-To of Buying Ripple Pre-IPO Shares
For those seeking to dive into Ripple investments via Linqto, a step-by-step procedure is in place. This involves setting up an account, backed by a government-verified ID. Upon successful registration, the investment page becomes accessible. Investors, akin to previous months, are required to allocate a base sum of $2,500 to avail Ripple’s pre-IPO shares. These shares are priced at a notable $60.08 each, marking a staggering 71.4% spike from its $35 valuation last June. However, a special concession awaits those ready to commit $10,000 or more, enabling them to secure shares at a discounted $57.21 per piece. Funding a Linqto account is straightforward. While debit card funding via the Uphold exchange is touted as the most convenient, a bank transfer alternative is available, albeit with a potential three-day processing period.
Ripple Pre-IPO Shares: Who’s Eligible?
As the tweet rolled out, queries surfaced regarding the exclusivity of this investment chance for US-based investors. Linqto, at press time, hasn’t addressed this matter explicitly. Their terms and conditions, however, nudge potential international investors to undertake their legal diligence to ensure their investment aligns with local compliance. Although Linqto acknowledges the opportunity’s accessibility within the US, they abstain from any definitive stance on its availability globally, understandably to steer clear of potential legal intricacies. Their terms partly state, “If you choose to access this Application from other locations, you do so at your own initiative and are responsible for compliance with applicable local laws.”