“For cryptocurrency to successfully deliver on its potential to revolutionize traditional financial infrastructure, companies in the space must prioritize transparency,” Jenson said in a release. “I’m excited to bring my experience to the company and share Ripple’s commitment to upholding the highest standards.”
Jenson joins a list of notable figures on Ripple’s board, including ex-U.S. Treasurer Rosie Rios, JPMorgan Chase's former Chief Regulatory Affairs Officer Sandie O’Connor, and Managing Director of Albright Stonebridge Group Michael Warren.for $250 million. The acquisition was part of Ripple's plan to diversify its services and expand globally, amidst U.S. regulatory challenges.
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