Ripple's journey towards becoming a publicly traded company has led to discussions about its $30 billion valuation and how investors can access stocks. One method being debated is purchasing synthetic pre-IPO shares through third-party services, which has raised concerns about their legitimacy and risks. David Schwartz, CTO of Ripple, has shared his thoughts on the matter, warning that brokers often do not provide retail investors with all the necessary information, leaving them at a disadvantage. He advises potential investors to gather information from multiple sources and exercise caution before participating in secondary market transactions. Overall, investors are urged to be cautious and conduct due diligence before investing in Ripple's pre-IPO stocks.
- Content Editor ( u.today )
- 2024-12-15
Ripple's IPO Countdown: David Schwartz Exposes Pre-IPO Stock Pitfalls