Uber’s former chief business officer, Brooks Entwistle, has joined Ripple to scale the blockchain company’s operations in the Southeast Asia region.
He will work from Ripple’s regional headquarters in Singapore.
Prior to his stint at Uber, Entwistle had spent over 18 years at Goldman Sachs, rising from associate to managing director and chairman of the banking giant’s unit in Southeast Asia.
In his LinkedIn post, he writes that moving into fintech and crypto was “an obvious choice” for him:
Given over two decades spent living and working in Asia, scaling financial services and technology companies across this dynamic region, moving into fintech and crypto was the obvious choice.
Advertisement
As reported by U.Today, Ripple also snagged a top Amazon executive back in January.
Alex DovbnyaRipple’s Asian aspirations
Ripple claims that it had a ten-fold increase in transactions on the RippleNet network last year in Southeast Asia.
The blockchain company also signed two times more deals in 2020 than during the previous year. Most recently, it signed Singapore-based BKK Forex.
In his recent Reuters interview, Ripple CEO Brad Garlinghouse said that his company is able to continue its growth in Asia because of regulatory clarity.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Yuri Molchan
Dan Burgin
Vladislav Sopov