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Ripple Hiring Executive to Spearhead Institutional DeFi Strategy
This VP will spearhead Ripple's efforts to score institutional partnerships that will propel the adoption of the XRP Ledger.
The job will require negotiating deals with asset managers, tokenization platforms, stablecoin providers, and other players
These partnerships are supposed to have a measurable ecosystem impact with growing asset volumes and market cap
The new hire will also have to look for new growth opportunities when it comes to DeFi and institutional adoption.
Ripple's perfect candidate
Ripple's ideal candidate is supposed to have more than 15 years of experience in financial services with deep knowledge of capital markets and market infrastructure
Obviously, the candidate should also have sufficient expertise in blockchain infrastructure as well as strong strong commercial instincts
Ripple’s DeFi growth
As reported by U.Today, Jack McDonald, senior vice president of stablecoins, recently noted that the stablecoin had experienced “explosive” growth
In February, the company released its institutional DeFi roadmap, which includes a credit-based lending protocol linked to RLUSD vaults and permissioned domains