Latest Posts

Ripple opened a crypto hub in Toronto, Canada, with intentions to employ 50 programmers

- Advertisement -


đź‘‹ Would you like to work with us? Cryptooshala is recruiting for several vacancies!

Ripple Labs has opened a new office in Toronto, Canada with the intention of creating an engineering hub for crypto innovation by hiring the best engineers in the area. This will be the first Ripple office in Canada as they continue to expand in North America.

- Advertisement -

The company behind XRP (XRP) the cryptocurrency made the announcement on Wednesday. According to adRipple initially plans to hire 50 engineers to expand its office to include hundreds of blockchain engineers ranging from data scientists and machine learning specialists to product managers.

“Cryptocurrency and blockchain provide an incredible opportunity for engineers to solve complex problems, and these solutions have the potential to affect the movement of value around the world,” says Brad Garlinghouse, CEO of Ripple.

- Advertisement -

As blockchain technology becomes more and more popular, Ripple plans to take advantage of this by hiring the best technical people and expanding its presence around the world. CEO Brad Garlinghouse continued:

“Nearly every financial institution is developing its own crypto strategy to take advantage of this technology, which will underpin our future global financial systems. Cryptocurrency is one of the most exciting industries to work in, so it’s no surprise that talent is leaving tech companies and traditional finance to enter this space. We continue to scale and invest in our business as we expand our presence around the world with the opening of our first office in Toronto.”

- Advertisement -

Ripple already has a University Blockchain Research Initiative (UBRI) in the region and is working with universities and colleges such as the University of Waterloo and Toronto Metropolitan University.

Ripple plans to expand globally and opened offices in Miami, Florida and Dublin, Ireland last year. Earlier this year, Ripple and FTX were looking for for acquisitions to stimulate their growth. The firm also announced NFT Incubation Program in March.



Credit : cryptoslate.com

- Advertisement -

Latest Posts

Don't Miss