R

Ripple

Enterprise blockchain payments and CBDC solutions

Business Development Senior Director - Capital Markets

Full-Time
$260k - $325k/yr+ Bonuses + Equity
Expert
New York, NY, USA
HybridIn-office attendance is required at least 10 days per month.
Sales & Account ManagementBusiness Development & Partnerships

About the job

Requirements
  • Minimum of 10 years of experience in capital markets, with substantial traditional finance background at investment banks, trading firms, asset managers, or market infrastructure providers.
  • Demonstrated experience and deep understanding of digital assets, blockchain technology, and their applications in institutional finance.
  • Proven track record of success in developing first-of-a-kind partnerships and closing complex deals within the financial services sector.
  • Established network of contacts within capital markets, including senior executives at financial institutions and influential industry partners.
  • Strong business development and deal-making skills, with experience managing the entire partner lifecycle from market strategy development and pipeline management to deal closure and implementation.
  • Ability to rapidly grasp sophisticated technology products and effectively communicate their value proposition to institutional partners.
  • Analytical and strategic thinking, combined with collaborative, consultative selling.
  • Experience and validated results in launching or growing new businesses and leading cross-functional initiatives.
Responsibilities
  • Contribute to the development and execution of RippleX's Capital Markets strategy, setting priorities that impact overall team and business objectives while positioning XRPL as a leading blockchain for institutional capital markets applications.
  • Build and nurture strategic partnerships with investment banks, investment firms, financial market infrastructure providers, and other capital markets institutions to drive adoption of blockchain solutions.
  • Identify and pursue new business development opportunities at the intersection of traditional capital markets and blockchain technology, extending the XRPL ecosystem into institutional finance.
  • Lead complex deal negotiations and partnership agreements with senior executives at major financial institutions, managing the entire lifecycle from initiation to closure.
  • Collaborate with product, engineering, marketing, and trading teams at Ripple to develop use cases, solutions, and product-market fit for capital markets applications.
  • Develop business plans, proposals, and pitches to attract potential partners and showcase Ripple's value proposition to institutional audiences.
  • Stay current with industry trends and advancements in capital markets' adoption of digital assets and blockchain technology, using insights to advise strategic decisions and partnerships.
  • Represent Ripple as a thought leader on blockchain applications in capital markets at industry events and with key stakeholders.

About the company

What Ripple does: Ripple provides enterprise blockchain-enabled financial services that speed up payments and improve cash management. How it works: its platform, built on blockchain and cryptocurrency, enables real-time settlement, liquidity management, working-capital access, and instant payments for financial institutions, enterprises, and governments, including the ability to source crypto assets and manage treasury via a single platform. How it differs: it focuses on scalable, secure CBDC implementations and government partnerships (e.g., Palau) to deliver central-bank-grade digital currencies, alongside proven faster remittances and lower costs from clients like Nium and Tranglo. Its goal: help clients move money faster, more transparently, and at lower cost, while expanding access to digital currencies and CBDCs.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$1.1B

Headquarters

San Francisco, California

Founded

2012

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Simplify's Take

What believers are saying

  • Sept. 2026 partnerships with CSD BR and Absa expand Ripple into securities and custody.
  • Ripple's Seoul roadmap targets 2027 XRP credit using lending pools and payments collateral.
  • Brazil's BRL 22 trillion market and BTG Pactual pilot create immediate institutional distribution.

What critics are saying

  • The SEC case ended, but Ripple still owes a $125 million penalty and sales limits.
  • XRPL tokenization stays permissioned, so banks can exit if compliance or privacy breaks.
  • Ripple's business still depends on XRP narratives; weak ETF flows or adoption kill demand.

What makes Ripple unique

  • Sep. 29, 2026: CSD BR chose XRPL for Brazil's first public-ledger securities record mirroring.
  • Ripple Custody now underpins Absa's African bank custody launch and Brazil's permissioned tokenization.
  • XRPL Confidential Transfers pair zero-knowledge proofs with auditor decryptions for regulated finance.

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Benefits

  • 401(k) Plan
  • Healthcare Coverage
  • Health and Wellness
  • Family Support
  • Flexible Vacation
  • Employee Giving
  • Learning and Development

Company News

Coinotag
Oct 16th, 2026
Former Ripple adviser anthony Welfare says XRP tech is ready but adoption isn't.

Former Ripple adviser anthony Welfare says XRP tech is ready but adoption isn't. 2026-10-16COINOTAG The strongest case for XRP right now is technical, and one of the people who helped shape Ripple's institutional push says that is precisely where the risk sits. Anthony Welfare, a former Ripple central bank digital currency (CBDC) adviser, said in a podcast interview that the XRP Ledger has the...

BH NEWS
Oct 16th, 2026
Japan's mega banks conclude successful yen stablecoin trial.

Japan's mega banks conclude successful yen stablecoin trial. Japan's leading megabanks - MUFG, Mizuho, and SMBC - have announced the successful completion of the first collaborative phase of their yen stablecoin trials, conducted in partnership with Mitsubishi UFJ Trust and TISI. The pilot aimed at exploring the efficacy of stablecoins in cross-border settlements was a success, signaling a significant step in the integration of digital currency solutions within Japan's banking infrastructure. Pilot project tests cross-border payments. Discover more Trade Forex Trade Crypto Now Ethereum Network Tools Under the watchful eye of the Financial Services Agency of Japan, the trial included cross-border settlement processes for Mitsubishi Corporation, employing stablecoins structured under the status of trust beneficiary rights. This structure ensured a seamless and uninterrupted payout process from issuance to final conversion into fiat currency. MUFG, Mizuho, SMBC, Mitsubishi UFJ Trust, and TISI confirmed that the yen stablecoin trials were completed successfully, from issuance to redemption in fiat currency. Set to be commercially available before the current fiscal year ends, the stablecoin mechanism signals a noteworthy advancement in the melding of digital currencies with the banking standards in Japan. Speculations surround Ripple connection. While the consortium documents do not explicitly mention Ripple, financial circles in Japan are speculating a connection to the XRP Ledger ecosystem, primarily due to the longstanding relationship between Japan's top banks and Ripple technology. Known as the XRP Ledger or XRPL, this open-source blockchain network plays a significant role in the Ripple ecosystem. Discover more Financial News Platform Ethereum Investment Guide ETH Security Audits Glossary: XRPL is an open-source blockchain network intended for cross-border payments and asset transfers. RWA tokenization refers to converting traditional assets like stocks or bonds into digital tokens on the blockchain. In 2017, MUFG, Mizuho, and SMBC joined a large-scale banking consortium under the umbrella of SBI Ripple Asia, aimed at utilizing RippleNet technologies for instant domestic and cross-border payments. The influence of this institutional connection is still apparent today. Market may split along two lines. Recently, Mizuho Bank and SMBC's investment arm have engaged directly with Ripple Labs to set up tokenization of real-world assets and enterprise DeFi solutions on the XRP Ledger. This yen stablecoin initiative could be interpreted as an attempt by the Japanese banking system to reduce dependency on external liquidity bridges. Particularly through MUFG's Progmat platform, developed on the Avalanche blockchain, there are ambitions to maintain compliance and processing fees within traditional banking frameworks. As one of Japan's largest financial groups, MUFG continues to be a prominent player in establishing digital asset infrastructure in the country. Discover more Crypto market analysis Blockchain Courses Crypto Market Updates The emerging framework suggests that the mega banks' closed institutional payment architecture could coexist with a more open digital asset ecosystem centered around Ripple. This scenario indicates the potential division of the market along two axes. On one side, mega banks and the Progmat platform are expected to dominate closed B2B transfers. On the other, the regulated dollar stablecoin RLUSD backed by SBI Holdings and the existing liquidity of XRP could retain their influence in cross-border retail payments and open financial technology services.

Yahoo Finance
Oct 16th, 2026
Ripple Prime launches RLUSD-backed swaps across 100+ traditional markets

Ripple Prime has launched perpetual swaps covering more than 100 traditional markets, including equities, exchange-traded funds, metals, energy, and foreign exchange. Announced on October 15, the contracts trade around the clock, including weekends, and institutions can post Ripple's RLUSD stablecoin as collateral. The swaps track perpetual futures listed on Hyperliquid, a decentralised derivatives platform, by Trade.xyz. Ripple Prime acts as the principal counterparty, so clients do not trade directly with Hyperliquid. US market maker Virtu is among the first users. The service runs under Ripple Prime's British Virgin Islands licence, so US investors may face restrictions. It builds on Ripple's $1.25 billion acquisition of Hidden Road. The announcement does not require clients to buy XRP, which traded near $1.34 on October 15.

Yahoo Finance
Oct 16th, 2026
Cross River adds Ripple's RLUSD to core banking, but XRP demand remains unclear

Cross River has added Ripple's RLUSD stablecoin, which runs on the XRP Ledger (XRPL), to its core banking platform. The bank announced the move on October 15. Fintech customers can access RLUSD, ACH, and real-time payments through a single API connection. The service supports round-the-clock transfers between dollars and RLUSD, including cross-border payments and treasury transfers. It is available only in certain states. "Businesses shouldn't have to rely on several different providers to move money across the globe," said Adam Goller, Cross River's head of fintech banking. The deal does not guarantee demand for XRP. RLUSD handles payments, while XRP covers transaction fees and account reserves, so larger stablecoin payments do not require equivalent XRP purchases.