Ripple Still Hiring amid Bear Market

| Updated
by Kofi Ansah · 2 min read
Ripple Still Hiring amid Bear Market
Photo: Ripple / Twitter

Ripple posted several job openings earlier this month, of which one was for a lead digital designer.

Ripple is continuing its hiring spree despite the current troubles in the crypto space. The San-Francisco based blockchain firm announced that it would continue employing even in a bear market so as to distinguish itself from several other cryptocurrency companies that have been forced to let some of its employees leave. OpenSea, Qumas Ai, Coinbase, and BlocFi are all companies that has had to slash their workforce because of the current unfavorable market conditions.

The company has now posted a job opening for a full-stack engineer, who according to Ripple, will be part of the company’s design and marketing team, managing the company’s websites.

The person will also be in charge of guiding technology decisions and implementing different strategies.

The job description however specifies that the applicant must have an in-depth understanding of web development.

Additionally, he or she should possess “excellent leadership and communication skills” and be able to oversee a team of in-house front-end engineers.

Ripple posted several job openings earlier this month, of which one was for a lead digital designer. The company also stated earlier this year that it was looking at employing up to 50 engineers for its newly created location in Canada.

The company has offices in major locations such as San Francisco, New York, Singapore, and Toronto. Back in August, the firm was voted among America’s fastest-growing companies.

Ripple announced last week that it has partnered with Web3 climate startup Thallo and various other companies to build a carbon credit market on the blockchain.

The company also revealed on Wednesday that it was named in CB Insights 2022 Fintech250, a list of the market intelligence platform’s 250 most promising private fintech companies worldwide.

Ripple has however since announced that it is keeping its focus solely on expanding its business outside the US due to legal battles on its home turf.

The company has been in a long-standing battle with the United States Securities and Exchange Commission (SEC) over a lawsuit that alleged that its CEO Brad Garlinghouse, and co-founder Chris Larsen engaged in an illegal securities offering, during which they each personally sold XRP for hundreds of millions of dollars.

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