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XRP Ledger Foundation Adds David Schwartz In Leadership Shake-Up

XRP Ledger Foundation Adds David Schwartz In Leadership Shake-Up

Jake Simmons
by Jake Simmons
Last Updated: May 12, 2026 3:30 am
·
Posted in XRP
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The XRP Ledger Foundation has added David “JoelKatz” Schwartz as an honorary board member, bringing one of the XRP Ledger’s original architects into a formal advisory role as the organization reshapes its leadership team.

The appointment comes days after the Foundation introduced a new operating team led by Executive Director Brett Mollin, with Denis Angell named chief technology officer, Rene Huijsen taking over operations, and Hussein “Vet” Zangana leading community efforts. Together, the moves point to a broader effort by the XRPLF to tighten technical stewardship, community engagement and institutional coordination around the ledger.

David Schwartz Joins New XRP Ledger Foundation

“We’re honored to welcome David Schwartz as an Honorary Board Member of the XRP Ledger Foundation,” the Foundation wrote on X. “As one of the original architects of the XRP Ledger, David brings deep technical insight and a long-term perspective that will help strengthen the Foundation’s technical stewardship of the ecosystem. Welcome, David!”

Schwartz’s appointment drew immediate attention across the XRP community, not only because of his long association with the ledger’s design, but also because it follows his departure from full-time work at Ripple. Responding to a user who asked why he had left Ripple and whether he had sold his XRP, Schwartz said the decision was personal rather than strategic.

Related Reading: XRP Holds Range As Buyers Begin To Absorb Supply – The Setup Behind A Potential Breakout

“I left Ripple because I had been working non-stop since the end of 2011 and felt it was time to stop doing this full time,” Schwartz wrote. “I still have some XRP, but I’ve been drastically reducing my cryptocurrency holdings since 2013 because I have a psychological aversion to risk.”

While he is no longer in a full-time executive role at the company, he emphasized that his work across the XRP ecosystem has not slowed down. In a separate reply, Schwartz said his current commitments now span multiple organizations and community-facing roles.

“I made a list of all the things I’m doing now, and it’s long,” he wrote. “Board member at Ripple, advising Evernorth, running a large hub, honorary board member at XRPLF, going to XRPL events, and regular meetings with devs.”

That workload underscores the unusual nature of Schwartz’s transition. Rather than stepping away from the ecosystem, he appears to be shifting from a single-company executive role into a broader advisory and infrastructure-facing position across XRP Ledger stakeholders.

Related Reading: Is XRP Repeating A Setup That Once Led To 126% Rally? This Analyst Thinks So

The Foundation’s new day-to-day team is also notable. Brett Mollin will lead strategy and coordination across engineering, community, operations and partnerships. Denis Angell, described by the Foundation as one of the most prolific contributors to the XRPL codebase, is moving from XRPL Labs to the XRPLF and will oversee engineering, amendment work and technical standards.

Huijsen brings operational and payments experience from Ripple, as well as work related to the Bank for International Settlements’ cross-border payments interoperability efforts. Zangana will manage community, communications, validator and developer engagement, events and ecosystem storytelling.

The Foundation said it is “starting to collaborate with XRP ecosystem stakeholders to advance every area of community and technology — openly, transparently and with the public.”

At press time, XRP traded at $1.46.

XRP price chart
XRP bulls must break the 0.618 Fib, 1-week chart | Source: XRPUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Jake Simmons

Jake Simmons

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Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

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