Ripple Announces Appointment of New President ‘Monica Long’

• The firm announced the elevation of previous executive Monica Long to the position of President.
• She initially started working at Ripple when there were just ten people on staff.

A new President has been named at Ripple, a cryptocurrency firm. Former SVP/GM Monica Long has been named the company’s new President. Long has been a part of Ripple since 2013. In addition, the statement highlighted Long’s role in the development of the Ripple ecosystem, including her work on the introduction of On-Demand Liquidity (ODL), which is now used in 40 countries across several continents.

The company Ripple has released a press statement today announcing the elevation of previous executive Monica Long to the position of President. The corporation is having its “strongest year yet,” and the announcement acknowledges Long’s role in it.

Stood Firm During Tough Phases

One of the reasons for the company’s success during several crypto winters and hurdles in the market is attributed to Long, according to the press announcement. She also said that when she initially started working there, there were just ten people on staff.

Ripple’s CEO Brad Garlinghouse referred to Long as one of the most renowned figures in the industry in the press release. As an additional comment, the CEO stated that even in the present difficult crypto landscape, Monica has helped led Ripple to a very exceptional point of development and financial health.

The CEO stated:

“At a time when crypto was barely a blip on the radar, she was in the trenches establishing Ripple as a responsible leader in the crypto industry.”

Long stated her excitement and intention to lead the company “deeper into crypto-enabled services like liquidity, settlement, and custody,” as she begins her tenure as President.