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Ripple Reveals New Details on Mysterious Cryptocurrency Trading Platform

May 07, 2020

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New information on Ripple’s next-generation crypto trading platform continues to trickle out via the company’s job postings.

Ripple is currently looking for a liquidity staff software engineer to join the project’s team. According to the application, the “enterprise-grade” distributed trading platform will provide real-time access to crypto markets and Ripple products.

A separate job opening for an engineering manager states the new trading platform will be integrated with Ripple’s XRP-powered cross-border payments solution, On-Demand Liquidity.

Ripple chief technology officer David Schwartz says that the company is pushing to make it easy for anyone to launch asset-backed tokens on the XRP Ledger. However, it remains unclear exactly how the trading platform will work with ODL.

Ripple continues to target more use cases for the XRP Ledger, acquiring the Logos Network in September of last year to help the payments startup create decentralized finance platforms on the ledger.

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Ripple is also still seeking a product manager for a separate initiative announced late last year called RippleNet Home.

The San Francisco-based startup says the product is designed to give financial institutions on its network a hub they can use to analyze data on their fiat and XRP transactions, as well as connect participants with one another.

The product manager is tasked with writing “feature specs” for the product and communicate directly with the engineering team about development.

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