Ripple is looking for a Vice President of Partnerships to spearhead institutional decentralized finance (DeFi) development on the XRP Ledger. This is a significant step toward attracting major financial players to this blockchain and increasing its adoption.
New Role at RippleX
The new VP will join RippleX, the company’s development arm, and will lead a global team focused on strategic business development and partner success. The main goal will be to build strong partnerships with institutional players, including asset managers, tokenization platforms, and stablecoin providers.
The role will focus on driving real-world use cases such as tokenized assets, cross-border payments, and on-chain credit systems. It also requires a deep capital markets experience and a proven track record of bridging traditional finance with decentralized technologies.
Plans for DeFi Expansion
The expansion of the company is not limited to new hires. In July, Ripple applied for a U.S. national bank charter and a Federal Reserve account to enhance its role in the financial system. This move is expected to reduce costs, speed up payments, and add regulatory legitimacy.
On June 30, Ripple and Peersyst officially launched the XRPL EVM Sidechain on the mainnet, allowing developers to build and deploy EVM-compatible dApps while benefiting from XRPL’s speed, security, and liquidity.
XRP Visibility in Government Circles
Recently, the White House released its official crypto report which mentioned Ripple as part of a timeline marking key milestones in the crypto industry. Specifically, the early trading era (2011-2013) was noted for the company's early role in blockchain innovation.
These moves indicate that Ripple aims to establish the XRP Ledger as a foundation for real-world on-chain finance. Given the new initiatives and increased interest from government circles, it suggests that the company is positioning itself with ambitious goals in the decentralized finance landscape.
