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Amidst the current downturn in the global fintech market, there are concerns that the highly anticipated Ripple Initial Public Offering (IPO) may be delayed. Dushyant Shahrawat, the Director of FinTech Investment Banking at Rosenblatt Securities, has suggested that the poor performance of fintech companies could impact the timing of Ripple’s IPO. Shahrawat highlighted that the fintech index of the top 55 companies has declined by 60% and is currently at its lowest point in the past three years. This decline in performance has led to a sense of caution in the industry, particularly regarding IPOs. As a result, cryptocurrencies planning an IPO, including Ripple, may face delays. Wall Street Specialist Linda P. Jones has suggested that Ripple’s IPO could take place in 2024, with mid-May being an ideal time. However, if the IPO does not happen within this timeframe, it may be pushed back to 2025. Given the current market conditions, stakeholders and the wider cryptocurrency community will need to adjust their expectations regarding the timing of Ripple’s IPO.