Ripple has announced its search for a Vice President of Partnerships focused on institutional decentralized finance (DeFi) for its RippleX division. This new role aims to establish strategic partnerships that promote the adoption of the XRP Ledger.
New Role at Ripple
The Vice President will be responsible for establishing strategic partnerships with asset managers, tokenization platforms, stablecoin providers, and other market participants. These partnerships are expected to have a significant ecosystem impact, contributing to the growth of asset volumes and market capitalization.
Ideal Candidate
The ideal candidate for this position should have over 15 years of experience in financial services, a good knowledge of capital markets and market infrastructure. Expertise in blockchain infrastructure and strong commercial instincts are also essential.
Ripple's DeFi Growth
According to Jack McDonald, Senior Vice President of Stablecoins, Ripple has seen 'explosive' growth in the stablecoin sector. In February, the company unveiled its institutional DeFi roadmap, which includes a credit protocol linked to RLUSD vaults and permissioned domains.
Ripple is actively expanding its initiatives in institutional DeFi, including new partnerships and growth plans in this area. The search for a Vice President underscores the company's intent to strengthen its market position.
