1/ After ~9 amazing years I’ve decided to wrap up my day job at @Ripple. Luckily, I’m not going far as I join the Board of Directors, where I’ll continue to provide input on company vision + strategy. I haven’t decided what’s next, but plan to continuing BUIDL in crypto :)
Asheesh Birla | CEO at Evernorth
3,558 posts
San Francisco
Joined February 2009
- I’m proud to share that we’ve launched @evernorthxrp, a first-of-its-kind institutional vehicle built to accelerate XRP adoption. With over a decade of uptime and a rapidly growing DeFi ecosystem, XRP is well-positioned for adoption — and Evernorth is built to meet that moment.
- 1/ Coming off our best year yet, RippleNet ended Q1 2022 with record numbers and customer demand. Some of the highlights by the numbers 👇
- Introducing Ripple Liquidity Hub -- a one stop shop for enterprises to source any tokenized asset (yes, really) for your customers from liquidity venues like MMs, ce/de exchanges, etc complete w/ a streamlined API, optimized pricing & smart routing 1/3
- Hot off the press 🔥: On-Demand Liquidity is now live in Japan with SBI Remit @coinsph and @sbivc_official! Ripple is full speed ahead in APAC!
- The future of crypto = access, trust, transparency. @evernorthxrp gives institutional + public investors simple, regulated, liquid exposure to XRP – and we’re compounding that value. Watch below to learn how. 🎥👇
00:00 - US National Park Service announces that @Ripple's @s_alderoty will be added to Mt Rushmore. A true national hero...
- Believe when others do not...
- Seeing some tweets comparing Lightning-based cross-border payment apps to Ripple’s On-Demand Liquidity product (with XRP). More players focused on this problem is a good thing for the industry IMO but let’s clear up some misconceptions:
- On-Demand Liquidity – a labor of love from team RippleNet & testament to the power of crypto. What was once a vision a few years ago, now accounts for 25% of total dollar volume over our network RippleNet (!!!) 1/3#ODL had its best year yet – and we’re not even into November. Since Q3 of 2020, transactions over RippleNet have doubled, and ODL transactions account for 25% of total dollar volume across the network in Q3. Read more from @CryptoCwby👇 on.ripple.com/3jRx9O9
- (thread ahead) In the last few days, we’ve seen some say that Russia could potentially evade sanctions and get around SWIFT using crypto. I outline some of the key arguments refuting this below (and a chart 😄)
- Fresh off the press to start the week: @Ripple is acquiring a 40% stake in cross-border payments hub @Tranglo to expand On-Demand Liquidity in the Philippines + new corridors starting in SE Asia, and @BrooksEntwistle and @AmirSarhangi are joining its BoD!Crypto firm #Ripple Labs is planning to take a 40% stake in Asian cross-border payments specialist Tranglo trib.al/LFTkoDs $XRP More on @crypto: trib.al/Kc6r5G9
- The first #xRapid pilot results are in: financial institutions saved 40-70% and payments took 2-3 mins (vs. 2-3 days). Read more here:









