David Schwartz Resigns as CTO of Ripple, What’s Next?

Updated

October 3, 2025

Gambar David Schwartz Resigns as CTO of Ripple, What’s Next?

Jakarta, Pintu News – David Schwartz, who has long served as the Chief Technology Officer (CTO) at Ripple, has announced his planned retirement. In an emotional message, Schwartz promised to remain active in the Ripple community.

Important Announcement from David Schwartz

David Schwartz revealed through a post on X that he will be reducing his involvement in day-to-day duties as Ripple’s CTO later this year. Nonetheless, he emphasized his commitment to continue participating in the Ripple (XRP) community.

Schwartz expressed his gratitude to Ripple’s executive team, including Brad Garlinghouse, Monica Long, and Chris Larsen, as well as to Arthur Britto, with whom he developed the Ripple (XRP) Ledger.

Schwartz also expressed his appreciation to the RippleX team, ledger developers, and community members. He stated that working at Ripple is one of the best honors and experiences of his life, second only to his family.

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Contributions and Future Plans

As happens in one’s life, I’ve been taking stock of my last 40 years. It’s been a wild ride. I’ve gone from consulting for the NSA to watching the early stages of Bitcoin. Then, I met Arthur, Jed, and Chris and worked on coding the XRP Ledger. Now, I’ve spent more than 13 years…
— David 'JoelKatz' Schwartz (@JoelKatz) September 30, 2025

During his tenure, Schwartz has made significant contributions to the development of the Ripple (XRP) Ledger, including starting his own node, publishing output data, and researching other uses of Ripple (XRP) besides Ripple’s primary focus. He emphasizes his joy in working, talking to developers, and coding for the love of technology.

Schwartz also showed his confidence in the next generation of leaders and builders on the Ripple (XRP) Ledger. He plans to continue to be involved in Ripple as “CTO Emeritus” and has accepted a request from Chris Larsen to join the company’s board of directors.

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Ripple Executives React to Schwartz Announcement

The smartest (and maybe the funniest) person I know. A true OG in crypto with the conviction and vision to see what others couldn’t – you are a legend. Thank you David for everything you’ve done for the industry, for Ripple and for the XRP Ledger. We are all forever grateful…… https://t.co/tt4uX4JlkV
— Brad Garlinghouse (@bgarlinghouse) September 30, 2025

Brad Garlinghouse, CEO of Ripple, called Schwartz a “true OG in crypto” who had the vision to see what others could not. Garlinghouse recognized Schwartz as a legend and thanked him for everything he has done for the industry, Ripple, and the Ripple (XRP) Ledger.

Monica Long, President of Ripple, stated that this strong community would not exist without Schwartz or inventions like Proof of Association, DEX, and smart escrow. Long expressed her respect for Schwartz’s ingenuity, integrity, humor, and humility, and enthusiasm to see what he will do in the future.

Conclusion

David Schwartz’s retirement marks the end of an era, but also the beginning of a new chapter in Ripple’s history. By remaining involved as CTO Emeritus and a member of the board of directors, Schwartz’s contributions will still be felt for a long time to come. The Ripple (XRP) community is certainly looking forward to further innovations and leadership that will take Ripple to new heights.

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