Former Amazon CFO Warren Jenson Joins Ripple XRP Board

Also Read: Ripple SEC Lawsuit Settlement Incoming With Hinman Docs Delay?

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With the SEC filing a complaint against Ripple over unregulated sale of XRP as securities, the company has been in the legal tussle since December 2020. However, the company enjoys strong support from the XRP token holder community as it still enjoys a top 10 ranking among cryptocurrencies based on market cap.

Warren Jenson Joins Ripple

The company announced that the former Amazon chief financial officer Warren Jenson will join its Board of Directors. Despite the uncertainty around the SEC lawsuit, the company has been moving forward with its product launches and expansions in the crypto solutions space. The company made the announcement in a statement:

“Ripple is excited to announce today that Warren Jenson is joining its Board of Directors. A seasoned CFO and operations leader, Jenson brings decades of experience in business at today’s most recognizable companies including Amazon, Delta Airlines, NBC, Electronic Arts and Nielsen to Ripple.”

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Earlier, CoinGape reported that the company had unveiled the Ripple CBDC Platform as an end-to-end solution for governments, central banks, and financial institutions to issue their own central bank digital currencies (CBDCs). It had partnered with the Hong Kong Monetary Authority (HKMA) for the launch of the e-HKD Pilot Programme.

Also Read: US Fed’s Jerome Powell: Interest Rate May Not Need To Rise

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