Friday (June 24) Digital Asset XRP seems to be a fun day.
According to Bitstamp TradingView, the XRP price reached $ 0.3853 on June 24 at 9:10 a.m., the highest level since June 11th.
Currently (June 24 at 9:33 UTC), the XRP is trading at about $ 0.3808, up 16.41% over the past 24 hours.
On Wednesday (June 22), FinTech announced that Ripple will open its first office in Canada, “a key design center.”
This office in Toronto, Ontario will initially have 50 engineers, but the goal is to “expand into hundreds of blockchain software engineers, including applied machine learning researchers, data scientists, and product managers.”
Brad Garlinghouse, CEO of Ripplen, said:
“Krypto and the blockchain offer engineers an incredible opportunity to solve difficult problems, and these solutions can affect the movement of value around the world. Almost every financial institution is planning its cryptographic strategy to leverage this technology to support our future global financial systems.
“Krypto is one of the most exciting areas to work with, so it’s no surprise that talent is leaving established technology players and traditional financial industries here. We will continue to scale and invest in our business by expanding our global presence with our first office in Toronto.“
Ripplen blog post Ripple pointed out that over the past year, Ripple has “opened new offices in key cities such as Miami and Dublin” and plans to “hire hundreds of people worldwide by 2022”.
Devraj Varadhan, Ripplen’s Director of Design, added:
“At Ripple, we are a team builder who builds breakthrough cryptographic solutions to open up greater financial opportunities for everyone and everywhere, creating an exciting atmosphere. We are excited to leverage Toronto’s technical capabilities and build builders to meet unmet customer needs on behalf of global customers – our teams here play a key role in driving Ripple’s innovations from blockchain protocol development and distributed applications to machine learning and payment solutions.“
And John Tory, the mayor of the city of Toronto, said:
“I am thrilled that Ripple is rooted in Toronto, where we know the company can benefit from the region’s highly educated technical capabilities, thriving ecosystem and competitive economic benefits. Ripple’s world-renowned, innovative technology and primary attitude fit perfectly into Toronto’s diverse, entrepreneurial and committed spirit.“
h/t – CryptoGlobe