Ripple's Former Legal Chief Joins Crypto Payments Startup

Just days after leaving her role as Ripple's top legal officer, Brynly Llyr is taking on the role of general counsel at crypto payments startup Celo.

AccessTimeIconSep 10, 2018 at 5:15 p.m. UTC
Updated Sep 13, 2021 at 8:22 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Former Ripple general counsel Brynly Llyr is taking on the same role for crypto payments startup Celo.

Llyr, who left Ripple last Friday, will take charge of "all aspects of legal strategy at Celo," the company announced Monday. These include policy, regulation, partnerships and intellectual property. Llyr will also play a role in Celo's efforts to expand both within the U.S. and globally.

A spokesperson for the company told CoinDesk that she will specifically be involved in day-to-day operations as well.

The startup seeks to simplify the adoption process for using cryptocurrencies as a payment method. In pursuit of that aim, Celo intends to launch a money transfer and payment app geared toward developing markets in the near future.

In a statement, Llyr noted that "there are 1.7 billion people around the world that don't have access to formal financial services."

She added:

"Celo is at the forefront of harnessing the blockchain and cryptocurrencies to empower them ... I'm honored to join the incredibly talented team at Celo and look forward to bringing about positive change for financial inclusion to those who need it most."

Celo chief executive Rene Reinsberg welcomed Llyr in a statement, noting that "she has great experience in virtual currency, fintech and the blockchain."

Miniatures image via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.