Ripple’s Former Head of XRP Markets Lands New Job

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Mon, 08/10/2020 - 19:10
Alex Dovbnya
Former Ripple exec who was behind XRP’s bull run in 2017 has a new job
Ripple’s Former Head of XRP Markets Lands New Job
Cover image via u.today
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Ripple’s former head of XRP markets Miguel Vias joined digital trading platform Linqto as a chief operations officer, according to a recent press release.

At his new job, he will be responsible for providing venture capitalists and founders with liquidity by cooperating with pre-IPO companies and secondary market participants:

“I look forward to helping accelerate the already substantial momentum they have created and am excited to continue finding new ways to provide our customers with liquid access to private markets.”   

The man behind XRP’s wild run 

As reported by U.Today, Vias quietly parted ways with the blockchain decacorn back in April after previously denying his departure.

XRPRipple
image by linkedin.com/in/miguelvias/

Vias joined Ripple back in November 2016 to bolster XRP markets by cooperating with market makers and exchanges after previously after holding senior positions at Ripple.   

In a little over a year, the token skyrocketed to its all-time high of $3.84, making it one of the biggest stories of the previous bull run.  

During his recent interview with prolific XRP Army member Brad Kimes, the former Ripple executive mentioned that the goal is to make XRP the global currency. In order to make this a reality, he says, there is a need for a substantial level of liquidity.    

“That’s the goal. The goal is to make it a global currency and to make it a substitute settlement asset.”  

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Vias continues to hold XRP 

Vias, who was the one who came up with the #XRPTheStandard hashtag, claims that he still holds XRP. 

When referring to regulatory uncertainty surrounding XRP, Vias says that he views it more as a commodity “because you can’t just print more of it.” However, he doesn’t think that crypto can fit into “any one neat little bucket.”

He also touched upon Ripple’s controversial affiliation to the token, saying that his former company has gone “above and beyond” to make sure that there is a sufficient level of transparency.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.