Ripple Labs has brought on Brad Garlinghouse as its Chief Operating Officer.
Garlinghouse previously served as CEO of Hightail, formerly YouSendIt, a file signature and management cloud service. He also the President of Applications and Commerce at AOL, and served in senior positions at Yahoo! as well. He also spent time as a Partner at @Ventures and in business development at @Home Network.
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Ripple Labs CEO and co-founder Chris Larsen said that Garlinghouse’s experience will be valuable as the company looks to grow, adding that they share a similar vision for the future of finance. Garlinghouse commented:
“There is already incredible momentum for Ripple as a new infrastructure for global payments, and the opportunity to define the actual framework for the Internet of Value is an order of magnitude bigger than anything else underway in payments today.”
The move comes around the same time as the company opted to shift more toward compliance, announcing future KYC requirements for its Ripple Trade wallet.