Ripple’s Focus Shifts Back to the US Post-Trump Victory
Ripple has redirected its attention to the United States following the market optimism triggered by Donald Trump’s election win in November 2024. Ripple CEO Brad Garlinghouse announced on Jan. 5 that 75% of the company’s active job listings are now US-based, marking a significant change from their previous international recruitment strategy due to regulatory challenges at home.
Strategic Pivot Towards the US Market
- Ripple CEO Brad Garlinghouse revealed that 75% of the company’s active job listings are now based in the United States.
- This shift in focus comes after years of predominantly international recruitment efforts.
- Garlinghouse highlighted the change as a response to the market optimism post-Trump’s election victory.
Garlinghouse emphasized that Ripple closed more US-based deals in the last six weeks of 2024 than in the previous six months, indicating a significant turnaround in their fortunes following Trump’s win. He expressed his excitement for the incoming administration’s pro-crypto stance and the appointment of crypto-friendly figures to key positions.
Optimism for the Future Under Trump’s Administration
- Garlinghouse is optimistic about Trump’s administration’s pro-crypto stance.
- He highlighted the appointment of crypto-friendly figures to key positions as a positive sign for fostering innovation and job creation in the US.
- The broader crypto community shares this optimism and anticipates a more favorable regulatory environment under Trump’s administration.
Garlinghouse also underscored the importance of the newly seated 119th Congress, labeling it as the most pro-crypto legislature in US history. He believes that the energy and excitement within the sector could lead to a transformative era for blockchain and crypto in the United States.
