• Ripple, a blockchain firm, has appointed Warren Jenson, the CFO of market research firm Nielsen to its board.
• The firm also purchased Swiss crypto custody provider Metaco for $250 million as part of its plan to diversify and expand globally.
• Jenson joins a list of notable figures on Ripple’s board including ex-U.S. Treasurer Rosie Rios and JPMorgan Chase’s former Chief Regulatory Affairs Officer Sandie O’Connor.
Ripple Appoints Nielsen CFO Jenson to Board
Ripple, a blockchain firm, has appointed Warren Jenson, the CFO of market research firm Nielsen to its board. “For cryptocurrency to successfully deliver on its potential to revolutionize traditional financial infrastructure, companies in the space must prioritize transparency,” said Jenson in a release. He joins other notable figures on Ripple’s board like ex-U.S. Treasurer Rosie Rios and JPMorgan Chase’s former Chief Regulatory Affairs Officer Sandie O’Connor.
CBDC Platform Launched by Ripple
Ripple is launching a central bank digital currency (CBDC) platform that allows central banks, governments, and financial institutions to issue their own digital currency. James Wallis, Vice President of Central Bank Engagements and CBDCs at Ripple discussed the platform’s services during an episode of „First Mover.“
Acquisition of Metaco
The blockchain firm recently acquired Swiss crypto custody provider Metaco for $250 million as part of an effort to diversify their services and expand globally amidst U.S regulatory challenges.
Jenson’s Background
Jenson has held leadership positions at Amazon, Delta Airlines, NBC Universal Universal Electronic Arts Inc., and Nielsen S&P Global Market Intelligence Group Inc..
Correction
This article was updated with the following correction: CORRECTION (May 19 16:13 UTC): Corrects to say Jensen is still the current CFO of Nielsen Edited by Parikshit Mishra