The XRP and the border crypto communities may see another chance to invest in Ripple equity before the prominent payment firm eventually goes public with an initial public offering (IPO).
A senior executive at the pre-IPO investment platform, Linqto, has proclaimed that the company is considering reopening the gates for intending investors to buy Ripple shares after the initial window had been sold out.
In particular, Nick Burrafato, the Director of Member Investments at Linqto, took to the X platform to hint at the possibility of reopening access for Ripple investment in the next 24 hours.
“We are expecting to have Ripple back on the Linqto.com platform sometime today,” Burrafato exclaimed in the tweet.
We are expecting to have Ripple back on the https://t.co/wkr4U2oomx platform sometime today! pic.twitter.com/yJYSyVs8Ba
— Nick Burrafato (@Nick_Burrafato) October 10, 2023
Ripple Pre-IPO Investment Frenzy
Notably, this update from the Linqto director comes in response to investors’ undying interest in Ripple stock investment. For example, a crypto enthusiast recently commented on Linqto’s tweet asking:
“Link to invest in Ripple says it’s sold out. Will more become available?”
Last month, Linqto created an opportunity for non-accredited investors in the crypto community to invest in Ripple shares. Expectedly, the wave resulted in the shares quickly selling out.
Given that the people’s interest in Ripple remains high, the platform looks to create a similar opportunity this week.
In the September offer for non-accredited investors, Linqto required intending investors to set aside a minimum of $2,500. However, whether the platform will retain the initial requirement in this opening is still to be determined.
Among the procedures outlined in the expired phase is for participants to create an account on the Linqto platform and fund the account before the investment link goes live.
Notably, two methods are applicable to funding a Linqto account. The most efficient method is funding via debit card through the Uphold exchange, as The Crypto Basic outlined. The other method involves direct bank transfer, which may take three business days to hit the Linqto account.