Enterprise blockchain company Ripple is seeking to hire a vice president of partnerships focused on institutional decentralized finance (DeFi) for its RippleX division.
This VP will spearhead Ripple's efforts to score institutional partnerships that will propel the adoption of the XRP Ledger.
The job will require negotiating deals with asset managers, tokenization platforms, stablecoin providers and other players.
These partnerships are supposed to have a measurable ecosystem impact with growing asset volume and market cap.
The new hire will also need to look for new growth opportunities when it comes to DeFi and institutional adoption.
Ripple's perfect candidate
Ripple's ideal candidate is supposed to have more than 15 years of experience in financial services, with deep knowledge of capital markets and market infrastructure.
Obviously, the candidate should also have sufficient expertise in blockchain infrastructure as well as strong commercial instincts.
The hire is expected to have good executive presence to be able to represent the company to C-level audiences with a high level of credibility.
Ripple says that it will offer a "competitive salary" as well as an equity package.
Ripple’s DeFi growth
As reported by U.Today, Jack McDonald, senior vice president of stablecoins, recently noted that the stablecoin had experienced “explosive” growth.
In February, the company released its institutional DeFi roadmap, which includes a credit-based lending protocol linked to RLUSD vaults and permissioned domains.
Last month, Flare Network also revealed a fully collateralized version of the XRP token on the Songbird network, boosting the cryptocurrency's presence within the DeFi sector.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team