Kristina Campbell, the Chief Financial Officer of Ripple, has officially left the company, as indicated by her updated LinkedIn profile. Starting this month, she has assumed the role of CFO at Maven Clinic, a digital healthcare provider, media reports said.
With a background in financial services and having joined Ripple in April 2021, Campbell’s departure comes amid the company’s ongoing legal battle with the Securities and Exchange Commission (SEC), with a trial scheduled for the next year.
The cryptocurrency market has witnessed significant volatility, partly due to an extended bear market, leading to widespread layoffs. Despite the challenges, Ripple has been expanding its presence in markets beyond the U.S., particularly in the Asia Pacific region.
Meanwhile, Ripple’s Chief Technology Officer, David Schwartz, has advocated for the XRP Ledger (XRPL) validators to support the integration of an automated market maker (AMM) feature. However, Schwartz emphasizes that such a feature should only be implemented if there is a consensus within the community.
In a discussion on X (formerly Twitter), Schwartz highlighted the intriguing potential of AMMs in decentralized finance. The XRP Ledger, known for its speed and scalability, is a decentralized blockchain with XRP as its native asset, suitable for various financial applications, including cross-border payments and remittances.
Responding to a community member’s query about the timeline for implementing AMMs on the XRPL after governance voting, Schwartz mentioned that, if the majority supports the amendment, the changes could be integrated in as little as two weeks.
