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Ripple opens its first office in Canada

Ripple opens its first office in Canada

alex dovbanya

Blockchain company Ripple plans to hire 50 engineers in Toronto after opening its first Canadian office in the city

Blockchain Company Ripple Opens Its First Office in Canada Wednesday’s announcement,

Its new Toronto-based office will serve as the company’s “major engineering hub”. Garlinghouse says there is a lot of talent in the most populous city in the country.

Ripple will go on a hiring spree in Toronto, aiming to hire “hundreds” of blockchain software engineers in the long run.

as Reported by U.Today, Garlinghouse said that the company will continue to hire, unlike other major cryptocurrency companies such as Coinbase, which have dramatically reduced their workforce. Ripple is sitting on a “significant” cash balance that will make it possible for the company to weather the ongoing crisis.

In his statement, Garlinghouse said that many talented engineers are leaving traditional finance to enter the crypto space.

Toronto Mayor John Tory said Ripple would be “perfectly suitable” for the city, praising the company’s “innovative technology”.

In 2021, Ripple also opened offices in Miami and Dubai.

Prior to opening its first office in Canada, Ripple collaborated with several Canadian universities as part of its University Blockchain Research Initiative (UBRI) program.

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Ripple opens its first office in Canada

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