Wall Street financial expert Linda Jones recently shared with the crypto community how non-accredited investors can buy shares of Ripple before the firm’s eventual public offering.
In a recent post, Jones noted that Linqto has unveiled a special package for people who could not pass the accredited investor requirement to invest in Ripple stock. The offer is called ‘Reg D.’ The sole aim is to allow non-accredited investors to acquire Ripple shares pre-IPO.
Jones noted it is a limited offering, urging the community to act fast.
#Ad NON-accredited Investors…BIG NEWS! If you want to invest in Ripple stock (private equity) before the IPO but you don't meet the requirements for an Accredited Investor, Linqto has a special offer for you! They put together a Reg D offering which will allow non-accredited… pic.twitter.com/oePuqXDo0H
— Linda P. Jones (@LindaPJones) September 8, 2023
Non-accredited Investors Buying Ripple Stock
According to the update, the Linqto offering commences next week, particularly on Monday or Wednesday. The intending buyers of Ripple shares are to prepare a minimum investment of $2,500.
The first step involves registering an account on the Linqto platform. For the next step, Jones stated that intending buyers should move their funds to the Uphold platform and store the amount in US dollars. The minimum amount transferable through Uphold to Linqto is $2,500 a day via debit and credit cards, as well as Apple and Google Pay. The maximum daily limit is $10,000 if you are funding your Uphold via ACH.
After the fund movement, Jones stated that Linqto would verify such a user. The third step includes transferring the $2,500 from Uphold into Linqto via the Linqto software.
It is worth mentioning that the essence of sending the fund to Uphold before subsequently sending it to Linqto is to expedite the process of fund confirmation. Interested persons not pleased with such multiple steps can directly send from their bank accounts to Linqto.
However, Jones highlighted that the process may take up to three days before the beneficiary’s account is credited.
Regardless, for the fourth step, the interested individuals are to watch the Linqto app or their email for a message on Monday. The last timeline for the email message is Wednesday, September 13.
By that date, the Ripple stock will be available for acquisition. While the option for wire transfer to Linqto is also available, Jones cautioned that the stock could sell out before the fund confirmation.
Not Financial Advice
Meanwhile, the Wall Street expert disclaimed that the announcement does not constitute financial advice. She urged participants to assess their risk tolerance level properly before proceeding.