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

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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. 

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. 

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Alisha is a full-time journalist at AMBCrypto. Her interests lie in blockchain technology, crypto-crimes, and market developments in Africa and the United States

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