Ripple’s chief technology specialist, David Schwartz, has broken his silence on speculation around his involvement with Evernorth, a newly launched XRP treasury vehicle that just announced plans to raise over $1 billion through a Nasdaq listing. 

The firm, created via a merger with Armada Acquisition Corp II, is designed to operate like Strategy, but for XRP, absorbing supply from the open market and positioning itself as a long-term holder of the cryptocurrency.

The announcement, of course, created immediate buzz, as it was framed that Schwartz will "join" the project. However, within hours, the current Ripple CTO pushed back, clarifying that while he will advise the venture, he is not signing onto any arrangement that would consume his calendar beyond this year. 

I'm not making any commitments past the end of the year that put significant demands on my daily schedule.

This clarification matters because previously Schwartz announced that he would be leaving his current CTO job to take a break from active business and focus more on the family side of life. Still, he is maintaining his connection to Ripple but through a board of directors.

That is why it was confusing for some XRP enthusiasts to learn that Schwartz will be taking an advisory role in the new entity, but he himself clarified this point. For XRP holders, the nuance matters. Schwartz is lending his expertise, not abandoning his current post.

Another Ripple executive leaving

Another Ripple executive, Asheesh Birla, is also stepping down from Ripple’s board in light of a new $1 billion initiative, but to serve as its CEO. According to Birla, the company’s goal is to assemble a treasury war chest and pursue acquisitions in the wider digital-asset space, positioning XRP as the centerpiece of a diversified crypto portfolio strategy.

The market will be watching whether this structure, half Wall Street finance and half crypto-native conviction, finally gives XRP the kind of dedicated institutional sponsor it has long lacked.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。