Ripple Opens Its First Canadian Office, A Key Engineering Hub



Ripple | Jun 22, 2022

Ripple opens first Canadian office in Toronto - Ripple Opens Its First Canadian Office, A Key Engineering HubDriving Crypto Innovation Through Top Engineering Talent in Canada

Today we announced the opening of our new office in Toronto that will serve as a key engineering hub. The new office will be our first in Canada, supporting our continued growth in North America and beyond. We plan to initially hire 50 engineers in Toronto with the goal to expand to hundreds of blockchain software engineers including applied machine learning scientists, data scientists, and product managers.

Brad Garlinghouse, CEO of Ripple:

  • Crypto and blockchain present an incredible opportunity for engineers to tackle difficult problems, with the potential for these solutions to impact the movement of value around the world.

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  • While others in the industry have announced layoffs and hiring freezes, our key priority remains bringing on world class talent that will help us innovate and serve our customers for years to come. In the past year alone, we’ve opened new offices in key cities including Miami and Dublin and plan to hire hundreds of people globally in 2022.
  • The opening of the Toronto office further solidifies our commitment to a region that is already a prominent tech hub. We will tap into the local talent pool and recruit top engineers to foster crypto innovation in Toronto.

“Nearly every financial institution is coming up with its crypto strategy to take advantage of this technology that will underpin our future global financial systems. Crypto is one of the most thrilling industries to work in, so it’s no surprise that talent is leaving tech incumbents and traditional finance to enter this space. We are continuing to scale and invest in our business by  expanding our presence globally with our first office in Toronto.”

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Devraj Varadhan, SVP of Engineering, Ripple:

  • We are excited to tap into Toronto’s technical talent pool and add builders to address the unmet customer needs on behalf of global customers – our teams here will play a key role in driving Ripple’s innovations, ranging from blockchain protocol development and decentralized applications to machine learning and payment solutions.
  • We have strong ties to the Toronto community through our University Blockchain Research Initiative (UBRI) and in working with top-tier universities and colleges such as the University of Waterloo and Toronto Metropolitan University. Together with UBRI supporting leading research in several key areas of blockchain and crypto technology, we can provide students with opportunities to acquire strong technical skills.

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