Ripple’s Chief Technology Officer Emeritus, David Schwartz, recently disclosed that his cryptocurrency holdings are overwhelmingly concentrated in XRP and Ripple equity. In a May 5, 2026 online interaction, Schwartz stated that aside from XRP and Ripple, he holds virtually no other digital assets. He acknowledged that this concentrated position was not intentionally planned but simply evolved over time.
Despite his personal conviction in XRP, Schwartz does not advocate for others to follow suit. He emphasized that diversification is a rational strategy when an investor believes in the potential growth of a sector but cannot pinpoint which specific projects will succeed. This perspective separates his personal investment approach from his broader market philosophy.
Schwartz’s comments come amidst ongoing discussions about XRP’s future and past statements. Recently, he refuted claims that a gag order or non-disclosure agreement restricts his ability to speak freely about Ripple or XRP. He also dismissed extreme price predictions, arguing that if wealthy investors truly believed XRP could reach $10,000, they would already be driving the price higher.
Furthermore, Schwartz addressed older comments from 2017 about XRP liquidity, clarifying that those remarks were about market depth and transaction capacity, not price guarantees. He also denied any secret deals with governments or central banks, stating that Ripple’s NDAs pertain to standard business operations, not hidden adoption plans.
At the time of writing, XRP was trading around $1.40, showing a slight increase over the past 24 hours and more than 1% over the past week.