Former Ripple Executive Switches to Another Cryptocurrency Company - Coin Newsletter

Navin Gupta, the former principal of Ripple, the developer of XRP, has taken over to run another company.

According to the statement made by Crystal Blockchain, the new CEO of the company will be Navin Gupta, the former director of Ripple.

Marina Khaustova, who is currently the CEO of the company, will take over as COO.

Competing with companies such as Chainalysis and Elliptic, Crystal Blockchain provides a software service that allows public institutions and organizations and private companies to track blockchain transactions.

Gupta, a resident of the United Arab Emirates, has led Ripple's operations in South Asia, the Middle East, and North Africa for more than seven years.

As a result of the approval of spot Bitcoin ETFs, regulators have begun to show increased demand for blockchain analysis tools. Crystal aims to increase its market share by meeting this demand.

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