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Ripple's Schwartz Reveals His XRP-Only Portfolio
TL;DR
David Schwartz, Ripple's CTO Emeritus, has disclosed that his cryptocurrency portfolio consists almost entirely of XRP and his equity in Ripple. He emphasizes that this concentration was unintentional and supports market diversification.
Key points
- David Schwartz's portfolio is mostly XRP and Ripple equity
- He did not plan for this concentration
- Schwartz supports market diversification
Mentioned in this story
David SchwartzRipple
Ripple Chief Technology Officer Emeritus David Schwartz has revealed that his cryptocurrency portfolio is now almost entirely composed of XRP and his equity in Ripple.
"Yeah, that's true now. I have virtually no crypto exposure left except XRP and Ripple."
Yeah, that's true now. I have virtually no crypto exposure left except XRP and Ripple. I'm not sure I really planned it that way though.
I'm not one of those people who always has high confidence that they're right and that what they've done is the best. I'm one of those people…
— David 'JoelKatz' Schwartz (@JoelKatz) May 4, 2026
Despite his highly concentrated holdings, the XRP Ledger architect maintains that he generally supports market diversification.
This concentration was more accidental than strategic, adding, "I'm not sure I really planned it that way, though," he said.
A proponent of diversification
When pressed for his thoughts on XRP maximalism from an investment standpoint, he advocated for a broader market approach.
"I think it's rational to spread investment throughout a space if you think that space is likely to be successful in the future and don't believe that you can personally pick the winners and the losers yet," he said.
As reported by U.Today, Schwartz recently pushed back against community rumors of a post-departure "gag order."
He has vehemently denied that he is bound by any Non-Disclosure Agreement (NDA), forcing him to lie about the company or the XRP token.
He previously spoke about some cold water on the highly ambitious $10,000 price prediction for the XRP token, stating that the market simply did not think that such a target was reasonable.
Schwartz has revealed that he has largely liquidated his own XRP holdings.
According to the Ripple boss, relying on his Ripple equity provides him with enough skin in the game without the extreme volatility.
Q&A
What does David Schwartz's cryptocurrency portfolio consist of?
David Schwartz's cryptocurrency portfolio consists almost entirely of XRP and his equity in Ripple.
Why does David Schwartz support market diversification despite his XRP concentration?
David Schwartz supports market diversification but noted that his current XRP concentration was more accidental than strategic.
How did David Schwartz end up with an XRP-only portfolio?
David Schwartz stated that he did not plan to have an XRP-only portfolio; it developed unintentionally as he reduced his exposure to other cryptocurrencies.
