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Ripple Is on a Hiring Spree to Improve XRP Liquidity in Asia

Jamie West by Jamie West
February 19, 2021
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Ripple is currently on a hiring spree as the company tries to expand its institutional liquidity in the Asian cryptocurrency scene. It recently revealed that tot is looking to hire an institutional market manager. According to their announcement, the candidate will be a key player as the firm expands its presence and extend its services towards the Asia-Pacific Market.

Ripple is hiring a key player for its Asian expansion

Ripple is hiring a key player for its Asian expansion

The candidate will be responsible for managing relationships with exchanges, brokers, market makers, institutions, and other financial market participants in Asia. The ideal candidate will play the head role in ensuring the smooth expansion of XRP in the region,

This announcement comes shortly after the two of the company’s executives are currently locked in a serious battle after being charged by the U.S Securities and Exchange Commission (SEC) because of its ICO launch. This lawsuit resulted in the massive delisting of XRP token by several major exchanges, making investing in Ripple a difficult prospect for potential investors.

Regardless, Ripple seems to be serious about XRP’s expansion to Asia. With its recent activities, analyses say that the company may be preparing for whatever outcome comes after the SEC lawsuit. 

It recently increased its investments outside the U.S., with Europe and Asia as key areas. Even before the SEC filed the lawsuit, Ripple and its executives have been vocal about possibly moving their headquarters to Europe or other possible destinations because of the tough regulatory conditions the company is experiencing in the U.S.

Ripple says it will focus on the Asian cryptocurrency market because of the huge potential in the market. Among the reasons for this is India and China, the two countries with the biggest population. 

In Ripple’s announcement, the candidate they will choose for the position will be working with a professional team experienced in finance. This will help the candidate manage and expand XRP’s utility and liquidity in the continent effectively and efficiently.

jamie xrp news | XRP & Ripple News
Jamie West
Jamie West

Jamie West

Jamie is an XRP veteran & keeps his finger on the pulse when it comes to all things crypto.

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XRP News – Keeping You Up To Date With All Things XRP & Ripple

In the rapidly evolving world of digital finance, XRP stands out as a pioneering force, reshaping the landscape of cryptocurrency and blockchain technology. As a core product of Ripple Labs, XRP is not just a digital currency; it’s a breakthrough in how we perceive and engage with global financial transactions. This article delves into the essence of XRP, exploring its distinctive features and the reasons behind its growing popularity.

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Broadening Financial Access

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The Ripple Effect

Ripple Labs, the company behind XRP, is continually expanding its partnerships with financial institutions worldwide. These collaborations are not only a testament to the reliability and practicality of XRP but also a driver for its adoption in mainstream finance. As more banks and payment providers integrate XRP into their systems, its impact and relevance continue to grow.

A Community of Innovators

The XRP community is a vibrant and dynamic force, comprising developers, entrepreneurs, and enthusiasts. This community is at the forefront of exploring new use cases for XRP, pushing the boundaries of what’s possible in the realms of digital payments and blockchain technology.

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