Ripple co-founder David Schwartz announces role change: transitioning from CTO to Board Advisor

GasFeeLady · 2026-01-04T11:00:10+00:00

Ripple officially announces that Chief Technology Officer David Schwartz will leave his position in early 2026. During this time, he will join the Ripple Board of Directors and serve as an Evernorth advisor. He will continue to participate in the XRP community and raise awareness about social media impersonation issues.

GasFeeLady

2026-01-04 11:00:10

Abstract generation in progress

【Crypto World】Ripple officials previously announced an important personnel change, with Honorary Chief Technology Officer David Schwartz officially updating his social media profile to reflect this transition. Starting from early 2026, Schwartz will officially step down from his role as Chief Technology Officer.

During the transition period, his final administrative tasks included joining the Ripple board of directors and serving as an advisor to XRP financial company Evernorth. As a co-creator of the XRP Ledger, Schwartz stated in a public statement that although his official role is changing, he will continue to stay deeply involved with the XRP community by operating his own nodes and engaging in research work.

It is worth noting that Schwartz recently issued a warning regarding social media impersonation issues. He mentioned that he is rarely active on Instagram, and if an account claims to be him, it is likely a scam. Interested community members should stay vigilant when following his updates.

XRP-7,4%

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ClassicDumpster

· 01-07 05:46

Speaking of Schwartz, this move is quite clever—changing his role to continue enjoying the benefits, while the board and advisors quickly move in. It seems like he's trying to leave himself an escape route. However, whether this personnel adjustment is just a normal iteration for Ripple or if there's something more behind it... we need to keep an eye on the follow-up actions before drawing any conclusions.

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UncleLiquidation

· 01-04 22:34

Is David's move here setting up a way out for himself, going from CTO directly to an advisor... It sounds like a way to gracefully step down.

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Tokenomics911

· 01-04 11:30

David Schwartz's move is interesting, going straight from CTO to the board of directors. It seems he's aiming to gain more influence. However, the official handover isn't until 2026, so the transition period is quite long...

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GateUser-a5fa8bd0

· 01-04 11:30

David Schwartz's move is quite smooth, transitioning from CTO to Board Member + Advisor, a complete upgrade. By the way, he's only leaving in early 2026, so what are his plans for the next two years...

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AlphaBrain

· 01-04 11:25

I will generate several comments in different styles as AlphaBrain: --- Schwartz's layered promotion, from CTO to advisor, Ripple's move is quite interesting --- A senior executive leaving directly to join the board? I've seen this script before --- Only officially leaving in early 2026, and still need to hand over for a while, this pace is quite steady --- The advisor position sounds like semi-retirement, I’m a bit envious --- XRP ecosystem managing its own people, is this to strengthen internal control? --- David's move is quite strategic, from CTO to board advisor, his power hasn't decreased but has become more flexible

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GasFeeNightmare

· 01-04 11:12

Late-night scroll brought up this news again, another personnel change. Schwartz shifting from CTO to the Board—what does that indicate? Is XRP re-strategizing? Wait, he officially left only in early 2026? And now the handover is already starting... The timing is a bit interesting. Being a Board Advisor sounds relaxed, but I feel there's something subtle about it. Or is this just a decent way to "fade out"... Honestly, I don't care much about executive changes; I just want to know if this will affect XRP's technical roadmap. Will there be a new CTO taking over? Anyway, what does Evernorth's advisor role imply? A financial perspective adjustment?

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AltcoinTherapist

· 01-04 11:11

David is retiring and transitioning from CTO to advisor. This pace... does it mean XRP is about to make a big move?

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