David Schwartz, a prominent figure in the cryptocurrency space, has officially updated his bio on X to announce his new role as CTO emeritus at Ripple. This transition signifies a pivotal moment in Ripple's leadership as Schwartz steps back from daily executive responsibilities to prioritize family and personal projects. The publication provides the following information: his new position will allow him to focus on long-term vision and innovation within the company.
Schwartz's New Role at Ripple
In his new capacity, Schwartz will continue to play a vital role in Ripple's strategic direction by serving on the board. This ensures that his extensive expertise will still influence the company's technical advancements, maintaining stability during this leadership change.
Commitment to the XRP Ecosystem
Schwartz's commitment to the XRP ecosystem remains strong, as he is actively involved in various initiatives, including:
- an advisory position at Evernorth
- technical contributions to an XRP Ledger node
His dedication to the community underscores his ongoing influence in the crypto space.
Caution Against Impersonation
Additionally, Schwartz has issued a cautionary note regarding impersonation attempts on social media platforms. He has urged users to verify the authenticity of sources before engaging, highlighting the importance of security and trust in the digital landscape.
David Schwartz's recent announcement about stepping back from daily responsibilities at Ripple marks a significant leadership change. For more details on this transition, you can read the full story here.








