Ripple's Banking Ambitions: Ripple CEO Brad Garlinghouse has expressed frustration with banks but is now seeking permission from the Trump administration to establish a bank for his cryptocurrency company.
Wider Trend Among Crypto Firms: Ripple is not alone; other crypto and fintech companies like Coinbase and Wise are also looking to become banks, reflecting a growing trend in the industry.
Retail Giants Exploring Banking Services: Major retailers such as Amazon and Walmart are considering expanding into bank-like services, indicating a shift in the financial landscape.
Supportive Regulatory Environment: The Trump administration's regulators are encouraging these developments, aiming to reduce barriers for new payment systems and foster innovation in the financial sector.
Wall Street analysts forecast WISE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WISE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast WISE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WISE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 40.154
Low
Averages
High
Current: 40.154
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
