David Schwartz, former Ripple CTO, has retired and shared his plans to join Ripple's board of directors while also advising a crypto treasury company. He will spend his retirement thinking about deep things, including strawberry ice cream. Ripple plans for vertical integration and acquisition strategy were also shared.
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U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. David Schwartz, who has recently left the position of Ripple’s chief technology officer and retired, has addressed the XRP community in his traditional ironic manner and announced his retirement plans.Here's what Schwartz plans to do during retirement As 2026 kicked off, Schwartz adjusted his bio on his X account, changing the name of his position at Ripple to “CTO emeritus,” which means “retired.” However, while giving up this position and retiring in general, David Schwartz will join the board of directors at Ripple at the invitation of Chris Larsen, a Ripple co-founder, former CEO and currently its executive chairman. Besides, Schwartz is also an advisor at a crypto treasury company that stacks XRP, Evernorth. Morning Crypto Report: XRP Hits Brutal 760,456% Liquidation Imbalance, 'I Feel Fine': Ex-Ripple CTO Speaks Out on Retirement, Coinbase CEO Reveals Main Target for 2026that he intends to spend his time “thinking about deep and important things.” So far today, he had thought about “strawberry ice cream.”According to Long, Ripple plans to implement “vertical integration,” i.e., they intend to build “the full stack” of crypto, which would combine blockchain, RLUSD and crypto custody . The president also shared the company’s plans for its acquisition strategy. It will include “focusing on tech to accelerate infrastructure and businesses like GTreasury to bring 1,000+ corporates onto the chain.” Besides, Monica Long refuted rumors of Ripple’s plans to acquire a crypto exchange that have been circulating in the crypto community. “While exchanges are key partners, Ripple has no plans to buy one,” she stated. Morning Crypto Report: XRP Hits Brutal 760,456% Liquidation Imbalance, 'I Feel Fine': Ex-Ripple CTO Speaks Out on Retirement, Coinbase CEO Reveals Main Target for 2026 India's Largest CIO Conference - to Convene India’s Top CIOs and Technology Leaders in Mumbai on February 06Morning Crypto Report: XRP Hits Brutal 760,456% Liquidation Imbalance, 'I Feel Fine': Ex-Ripple CTO Speaks Out on Retirement, Coinbase CEO Reveals Main Target for 2026 Morning Crypto Report: XRP Hits Brutal 760,456% Liquidation Imbalance, 'I Feel Fine': Ex-Ripple CTO Speaks Out on Retirement, Coinbase CEO Reveals Main Target for 2026
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