Ripple CEO Brad Ganrlinghouse Ripple

Blockchain company Ripple has hired Amir Sarhangi, The founder and CEO of Jibe Mobile who took up an executive position at the company after the acquisition of the company 3 years ago. Sarhangi who had been leading Google’s rollout of a new wireless messaging system is now joining Ripple as vice president of products.

Ripple Labs operates an eponymous real-time gross settlement system, currency exchange and remittance network built upon a distributed open source internet protocol that supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value.

The company launched in 2012 and has seen success with its Ripple coin whose market cap as of writing tops $18 billion with a 24 hour trading volume of $238 million according to coinmarketcap.com.

It’s signed up over 100 customers on its RippleNet payments network which includes financial giants like Santander, Standard Chartered, Axis Bank, MoneyGram, Yes Bank and BBVA.

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