A new job opening at Ripple confirms it’s preparing to launch a next-generation trading platform
Based on the Ripple list of new jobs, it looks like this San Francisco startup is preparing to launch a next-generation trading platform.
A new job opening at Ripple confirms it’s preparing to launch a next-generation trading platform
Information from Ripple revealed that they are hiring a senior liquidity software engineer responsible for building an enterprise-grade, distributed trading platform that provides real-time access to crypto markets. Candidates will also be responsible for sourcing and aggregating liquidity while processing the execution algorithm modeling and implementation.
The San Francisco startup also mentioned On-Demand Liquidity in the recruitment ad, which implies that the trading platform could be connected to its XRP-based money transfer technology.
From Ripple stated:
“On-Demand Liquidity (ODL) is a product that leverages digital assets and blockchain technology to improve the cost, speed, and transparency of cross-border payments. This highly strategic product for Ripple is powered by the superior speed, low transaction cost, and scalability of the digital asset XRP.”
The connection between the two platforms appears broad as the job post highlights the overall crypto markets, not just XRP. However, it is unclear whether the platform will be for retail traders, institutions, or exclusively for financial institutions as part of RippleNet.
This year, Ripple posted two job advertisements seeking to hire a liquidity software engineer and a technical director for the new trading platform.
Read more:
- Ripple Partnered With Energy Web To Tackle The Carbon Dioxide Problem In The Cryptocurrency Industry
- XRP Price Is Likely To Accelerate Lower Towards $0.22 If It Breaks The $0.228 Support