An essential figure of the Crypto universe, David Schwartz, Chief Technology Officer of Ripple, announces its withdrawal. This scheduled departure redefines roles within the company while preserving strategic continuity.
In short
- David Schwartz left his CTO functions at Ripple after 13 years of commitment to Crypto.
- He remains active in the Crypto company by joining the Board of Directors as CTO Emeritus.
A major player in the crypto leaves the operational scene
On September 30, 2025, David Schwartz confirms that he will leave his CTO functions at Ripple at the end of the year. This pillar of the Crypto ecosystem now wishes to devote itself to its family and personal passions.
Schwartz, an influential developer in the crypto sector, has largely contributed to the creation of the XRP Ledger. He joined Ripple in his beginnings and endorses The role of CTO since 2018succeeding:
- Stefan Thomas;
- Jed McCaleb (another pioneer of the crypto).
In his message, he returns to his career. From his years to NSA to his involvement in the creation of the XRP Ledger, he evokes a career marked by among the most enriching experiences. His departure marks as well A step in the evolution of Rippleone of the flagship companies in the crypto sector.
David Schwartz remains in the crypto ecosystem via the board of directors
If the emblematic CTO leaves the technical direction, it does not give up the crypto scene. David Schwartz joins the board of directors of Ripple. He will occupy The CTO Emeritus post. He will thus continue to participate in strategic reflections, while keeping a link with the XRP community.
The reactions were not long in coming. Brad Garlinghouse, CEO of Ripple, paid tribute to his colleague in declaring in a humorous tone on x ::
“Wait … Does that mean you're my boss now?!?” »»
For her part, the president of Ripple Monica Long praised the ingenuity, integrity and humility of Schwartz. She recalled the importance of her work to Build the crypto community around XRP.
David Schwartz therefore embodies a generation of builders in the crypto sector. Its gradual withdrawal does not sign an end, but a repositioning at the heart of Ripple governance. For the time being, no name has yet been announced to succeed him to the technical direction.
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