Ripple expands to Latin America by opening an office in Brazil
- Ripple is opening an office in Brazil;
- The news will be officially announced at CIAB Febraban;
- Ripple is also planning on launching educational and training programs.
Ripple, the firm behind XRP cryptocurrency, is expanding in Latin America by launching an office in Brazil. The official announcement has not yet been made, the news will be announced at CIAB Febraban (a major fintech and banking event).
The new Brazilian office will be reportedly led by Luiz Antonio Sacco. Luiz is the former CEO of the Brazilian subsidiary of The Warranty Group.
Ripple is also planning on launching educational and training programs with the help of Brazilian universities (including the University of São Paulo and Fundação Getúlio Vargas)