Ripple CTO David Schwartz to Step Down After Over a Decade

After more than ten years at the company, Ripple CTO David Schwartz revealed on Tuesday that he will leave at the end of the year. In a post on X, Schwartz, who contributed to the coding of the XRP ledger, stated that he wished to reconnect with his long-suspended hobbies and spend more time with his family. “But don’t worry, I’m not leaving the XRP community. He wrote, “You haven’t seen the last of me (yet, or ever).” Schwartz will continue to be associated with Ripple despite stepping down from his executive position. In addition to serving as CTO Emeritus, which will enable him to continue working on personal endeavours, he will join the company’s board of directors.