Overview

• Schwartz announced on X that he will leave day-to-day CTO duties in December 2025 after more than 13 years at Ripple.
• He will transition to a non-executive role as CTO Emeritus and has accepted a seat on Ripple’s Board of Directors.
• Schwartz said he plans to spend more time with family and revive personal hobbies after stepping back from operations.
• CEO Brad Garlinghouse and President Monica Long publicly praised his impact, with Long crediting innovations such as a DEX, smart escrow, Proof of Association, and AMM mechanisms.
• He indicated he will stay active in the ecosystem, noting recent work running an XRPL node and exploring alternative XRP use cases, and telling followers, “You haven’t seen the last of me.”