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Head of XRP Institutional Liquidity (Ripple) to be CEO of BAM Trading (operator of Binance USA)


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41 minutes ago, Julian_Williams said:

is this good or bad news?

Either or

a) binance pay better

b) binance can pair up with ripple

c) would like new challenge 

d) ripple is dead, Xrp is a bankers scam coin and her morals have just about taken enough abuse to continue working for such a horrible company.

obviously it’s D

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4 hours ago, Julian_Williams said:

is this good or bad news?

^^ As per CZ. Wonder what he is meaning when he says "and everyone else too".

In my opinion, I agree it could be good for the relationship between one of the biggest exchanges and Ripple. At the least I think we're guaranteed XRP pairing from the get-go (which there already were on Binance);

I think in terms of Ripple talent it's a great thing. If you look at Coley's LinkedIn, she was a FX advisor (support role) at Silicon Valley Bank, and before that in an un-titled position at Morgan Stanley. She moves to Ripple for 2 years and all of a sudden CEO in a big upcoming industry on potentially the biggest US exchange?? This is only good for Ripple and them being able to attract talent in the future and shows that they do wonders for a resume.

I wouldn't expect Binance to use RippleNet or anything like that but it'll be good that the network and connections are there for future collaborations, even if it's just in the form of a summit or event. But who knows? Maybe this is Binance's response to Coinbase + Libra!

CZ on Periscope 02/06/19:

“We’re focused on launching more features right now, so we are working with a number of other partners. With xRapid, there’s nothing going on right now, but in the future we’ll definitely want to add them as a partner.”

Edited by wrongbenson
added quote from CZ in regards to Ripple-Binance partnership
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What a response from twitter! Above are various directors/execs at Ripple. Not to mention CEO, CFO, Strategy of Officer of binance, various pundits in crypto, CEOs, VC's, etc. Note that Michael Arrington of Arrington XRP Capital tweeted prior to announcement and seemed to have prior knowledge.

Edited by wrongbenson
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