The post Ripple Looks to Hire VP for Major Institutional Push into DeFi on XRPL appeared first on Coinpedia Fintech News
Ripple is on the hunt for a Vice President of Partnerships to lead its push into institutional decentralized finance.
This is a big step towards bringing major financial players onto the XRP Ledger (XRPL) and scaling its adoption.
Here’s why this new opening is a major signal!
RippleX to Drive Institutional Adoption
The new VP will join RippleX, Ripple’s development arm, and lead a global team focused on strategic business development and partner success. The goal is to build strong partnerships with institutional players, including asset managers, tokenization platforms, and stablecoin providers.
The role will center on driving real-world use cases like tokenized assets, cross-border payments, and on-chain credit systems.
It also calls for someone with deep capital markets experience and a proven track record of bridging traditional finance with decentralized technologies.
Performance will be measured through the growth of tokenized asset volumes, market cap, and transaction flows on XRPL.
Ripple’s Bold Moves towards Defi Expansion
The company’s expansion plans don’t stop at new hires, of course.
In July, Ripple applied for a U.S. national bank charter and a Federal Reserve Master account to enhance its role in the financial system. This move will help reduce costs, speed up payments, and add regulatory legitimacy.
On June 30, Ripple and Peersyst officially launched the XRPL EVM Sidechain on mainnet. This launch lets developers build and deploy EVM-compatible dApps while benefiting from XRPL’s speed, security, and liquidity.
XRP Gains Visibility in Government Circles
The White House recently released its official crypto report. Notably, Ripple was mentioned as part of a timeline marking key milestones in crypto history, specifically in the first-trading era (2011-2013), for its early role in blockchain innovation.
These moves show Ripple wants to make the XRP Ledger into a foundation for real-world, on-chain finance. DeFi leader in the making?
