Ripple (XRP) Launches its First Blockchain Hub in Canada

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Ripple

Ripple (XRP) continues to make waves in the crypto world, despite the current lawsuit battle with the Security and Exchange Commission (SEC). The giant blockchain company recently launched a new office in Toronto, Canada. This new development, an engineering hub, breaks the ice for Ripple in Canadian territory, eventually leading to more crypto innovations in the region.

Additionally, Ripple plans to employ many blockchain software engineers worldwide, including applied machine learning scientists, data scientists, and product managers.

It is no surprise that the blockchain firm seeks to discover and leverage the skills of home-based engineering talents to innovate, build and provide lasting crypto solutions to customers.

Interesting, the Mayor of Toronto, John Tory, shared his excitement, saying:

“I’m thrilled that Ripple is putting down roots in Toronto where we know the company will be able to benefit from the highly skilled technical talent, booming ecosystem, and competitive economic advantages the Region offers.”

“Ripple’s globally-renowned, innovative technology, and first-mover attitude will be a perfect fit for Toronto’s diverse, entrepreneurial, and committed spirit of Toronto.”

Related: Ripple Partners With Lunu as Berlin-based Luxury Retailers Accept XRP Payments

Ripple Stands Out From Other Crypto Companies 

While other top crypto and blockchain companies like Coinbase and Gemini are cutting down their workforce and operations during this current crypto winter, Ripple continues to expand its development plans across the world. 

Therefore, it is clear that the giant blockchain company’s key priority is developing world-class talents into its ecosystem. Accordingly, they will help birth blockchain inventions and solutions, for the actualisation of improved and satisfactory customer service, in the future.

Devraj Varadhan, Ripple’s SVP of Engineering, said:

“At Ripple, we are a team of missionaries building breakthrough crypto solutions to unlock greater economic opportunities for everyone, everywhere, creating an exciting atmosphere.”

“We are excited to tap into Toronto’s technical talent pool and add builders to address the unmet customer needs on behalf of global customers – our teams here will play a key role in driving Ripple’s innovations, ranging from blockchain protocol development and decentralised applications to machine learning and payment solutions,” She added.

According to the announcement, the Toronto office opening will further solidify Ripple’s commitment to an existing technology centre. 

“We are continuing to scale and invest in our business by expanding our presence globally with our first office in Toronto,” Brad Garlinghouse, CEO of Ripple (XRP), stated.

Read more: XRP Will Hit $100 at Some Point”: Former Ripple Executive Says