Ripple CEO names execs to build on ledger tech and XRP liquidity

  • 05 October 2020, Monday, 20:06

Chief Executive Office of Ripple Labs, Brad Garlinghouse announced in a tweet today the firm appointed two “longtime Ripplers” as General Managers of RippleNet and RippleX (previously Xpring) in an effort to evolve the brand and support Ripple’s “growing” customers. Calling it a “fresh take” on the Xpring brand, RippleX will now focus on utility and liquidity in XRP.

Today, I’m excited to announce longtime Ripplers @ashgoblue and @monicalongsf as GM of RippleNet and GM of RippleX (previously Xpring), respectively. Ripple is evolving, but our core mission remains – we’re builders, not disruptors.

— Brad Garlinghouse (@bgarlinghouse) October 5, 2020

To expand on these offerings, GM of RippleNet, Asheesh Birla, and RippleX GM, Monica Long will expand on leveraging Ripple’s distributed ledger technology and leverage the use of XRP as the asset for value exchange, according to a report.

While Birla’s role will oversee RippleNet’s On-Demand Liquidity (ODL) service that allows customers to reduce the need to pre-fund accounts, Long’s will work on growing a community of businesses and developers who build sustainable solutions with XRP and the XRP Ledger.

The firm also announced its upcoming Ripple Swell Global event that sought to “unite” and hold discussions with RippleNet customers, partners and industry leaders.