Ripple CEO Brad Garlinghouse Hails Trump’s Pro-Crypto Stance as Hiring Shifts Back to the US
The post Ripple CEO Brad Garlinghouse Hails Trump’s Pro-Crypto Stance as Hiring Shifts Back to the US appeared on BitcoinEthereumNews.com.
Ripple CEO Brad Garlinghouse has attributed the company’s recent resurgence in the United States to the “Trump bull market,” crediting the pro-crypto stance of President-elect Donald Trump for revitalizing the industry. This marks a significant shift for Ripple, which has faced years of regulatory challenges under the leadership of outgoing SEC Chair Gary Gensler. Ripple Doubles Down on US Hiring Garlinghouse recently revealed that 75% of Ripple’s open positions are now based in the US, a stark contrast to the past four years, during which the company prioritized hiring abroad. “For Ripple, this is even more personal after Gensler’s SEC effectively froze our business opportunities here at home for years,” he wrote in a January 5 social media post. Source: X The CEO also highlighted a remarkable milestone: Ripple has signed more US-based deals in the six weeks following Trump’s victory than in the preceding six months. This resurgence comes as the company expands its footprint, opening larger offices in key cities such as San Francisco and New York. A Ripple spokesperson added, “Ripple is doubling down on its belief that the US will reclaim its position as the global crypto hub.” To further cement the positive news around Ripple, and the XRP token, on Tuesday Ripple CEO Brad Garlinghouse posted a photo on X announcing that he had just had dinner with President Trump. Dinner was at Trump’s Mar–a-Lago, and the pair were joined by Stuart Alderoty, the Chief Legal Officer at Ripple. We’re not sure what was on the menu, burgers and fries, and Diet Coke, most likely, but we know the trio discussed a bullish and exciting future for crypto in America. Ripple CEO Brad Garlinghouse at dinner with President Trump, Source: X What cryptocurrencies are most likely to flourish under President Trump is subjective but we…
Filed under: News - @ January 8, 2025 8:16 am