David Schwartz, who lately stepped down from his place as Ripple’s chief expertise officer (CTO) and retired, addressed the XRP group with conventional sarcasm to announce his retirement plans.
Notably, Schwartz was one of many co-founders of the XRP Ledger, which is now owned by Ripple.
What does Schwartz plan to do after he retires?
As 2026 started, Schwartz adjusted his X account profile and altered his job title at Ripple to “CTO Emeritus,” which means “retired.” Nonetheless, whereas David Schwartz will step down from this place and customarily retire, he’ll be part of Ripple’s board of administrators on the invitation of Chris Larsen, Ripple’s co-founder, former CEO, and present government chairman. As well as, Schwartz is an advisor to Evernorth, a crypto asset firm that stacks XRP.
Concerning his retirement plans, Schwartz quipped that he plans to spend his time “fascinated about deep and vital issues.” I have been fascinated about “strawberry ice cream” thus far at the moment.
Ripple has no plans to amass a cryptocurrency trade: Monica Lengthy
In different Ripple-related information, on Tuesday, firm president Monica Lengthy shared an replace on Bloomberg Ripple’s M&A and 2026 development technique.
Lengthy mentioned Ripple plans to implement “vertical integration.” In different phrases, it intends to construct a “full stack” of cryptocurrencies that mixes blockchain, RLUSD, and cryptocurrency custody (Palisade).
The corporate president additionally shared the corporate’s plans concerning its acquisition technique. This features a “deal with expertise that accelerates infrastructure and companies like GTreasury, which has over 1,000 corporations becoming a member of the chain.”
Moreover, Monica Lengthy refuted rumors circulating within the crypto group about Ripple’s plans to amass a cryptocurrency trade. “Whereas exchanges are vital companions, Ripple has no plans to amass exchanges,” she mentioned.
