David Schwartz leaves Ripple executive role to focus on XRP and decentralized finance

2026-01-13 08:15:53

Abstract generation in progress

Co-creator of the XRP Ledger, David Schwartz ends his role as CTO of Ripple at the end of 2025, transitioning to the position of Emeritus CTO. The change marks a new phase in his professional journey, now focusing on long-term strategic demands.

A planned transition

The executive characterized his period in technical leadership as “full of challenges,” signaling a complete cycle within the organization. This transition reflects the maturity achieved by the platform and the engineering team, allowing Schwartz to dedicate himself exclusively to the broader vision of the project.

A new chapter at Evernorth

David Schwartz joins Evernorth, a regulated investment platform, where he will serve as a strategy advisor. His main focus will be to expand XRP’s presence in capital markets and decentralized finance, connecting the traditional financial system with blockchain solutions.

Alignment with the global integration vision

This move reaffirms Schwartz’s commitment to the integration between conventional financial infrastructure and distributed technology. His new position allows exploring institutional adoption opportunities without the operational restrictions of a traditional executive role, potentially accelerating XRP’s expansion into new segments.

XRP3,58%

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