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XRP architect David Schwartz joins XRP Ledger Foundation board to guide smart contract and DeFi expansion

Ripple CTO David Schwartz was named an Honorary Board Member of the XRP Ledger Foundation, reinforcing the project's technical leadership as XRPL evolves into DeFi and smart contract use cases [1].

May 12, 20261:25 AMNewsroom AI

The XRP Ledger Foundation announced the appointment of Ripple Chief Technology Officer David Schwartz as an Honorary Board Member, confirming his formal role with the foundation [1] [2] [3].

Schwartz is one of the original architects of the XRP Ledger, having helped build its initial architecture alongside Arthur Britto and Jed McCaleb, a background the foundation highlighted in its announcement [1] [4].

The foundation and reporting outlets framed the appointment as a strengthening of technical governance for XRPL as the ledger expands into decentralized finance (DeFi), automated market makers (AMMs) and smart contract infrastructure [1] [2].

Schwartz’s addition to the XRPL Foundation’s honorary board associates a founding technical contributor with the foundation’s governance structure, intended to support the ledger’s technical roadmap and ecosystem growth [1] [4].

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