David Schwartz abandons leadership at Ripple to promote XRP from Evernorth

governance_ghost · 2026-01-13T08:02:53+00:00

David Schwartz, co-creator of the XRP Ledger, will transition from an executive role at Ripple to CTO Emeritus by the end of 2025. This shift will allow him to focus on strategic advisory at Evernorth, aiming to expand XRP's influence in decentralized finance and capital markets, highlighting the maturation of the XRP ecosystem.

governance_ghost

2026-01-13 08:02:53

Abstract generation in progress

The co-creator of the XRP Ledger leaves his executive role at Ripple at the end of 2025, marking a strategic shift in his professional career. David Schwartz, a key figure in the development of the technology underlying XRP, will transition to an Emeritus CTO position, acknowledging his lasting impact on the organization.

A Transformative Chapter

Schwartz has characterized his tenure at Ripple as an intense and “wild” period, reflecting the challenges and achievements accumulated during his leadership. His transition does not represent a complete disconnection from the ecosystem but a strategic reconfiguration of his involvement in the sector.

New Horizon: Evernorth as an Expansion Platform

The next phase of David Schwartz will unfold at Evernorth, a regulated investment platform that represents a new dimension in his technological vision. In this new context, he will take on responsibilities as a strategic advisor, focusing on expanding XRP’s presence in key areas of the global financial market.

Integration of XRP in Decentralized Finance and Capital Markets

Schwartz’s future work will focus on strengthening the adoption of XRP within the DeFi universe and traditional capital markets. This direction reflects a long-term strategy aimed at connecting fragmented financial systems through enterprise-grade blockchain infrastructure.

Implications for the XRP Ecosystem

David Schwartz’s professional evolution underscores the maturity of the XRP project and its ability to decentralize leadership while maintaining strategic vision during key transitions. His focus on Evernorth broadens XRP’s reach beyond Ripple, enhancing its integration into regulated financial solutions accessible to global markets.

XRP3,74%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.