Ripple's chief information security officer is leaving the company.
Revealed exclusively to CoinDesk, Sujay Jaladi is departing the San Francisco-based firm, which is best known for its role in developing XRP, the third-largest cryptocurrency by market capitalization. Jaladi is joining Harbor, a startup that provides a compliance platform for issuers of private securities housed as tokens on the blockchain.
The company's R-Token standard (the R stands for "regulated") is compatible with ethereum's popular ERC-20 token framework, and, according to Harbor's white paper, can be used to tokenize interests in real estate, limited partnerships, fine art and other assets areas.