David Schwartz said he moved most of his exposure from direct cryptocurrency holdings to Ripple stock and reduced his XRP position from more than 26 million tokens, according to the source.
Ripple CTO (chief technology officer) David Schwartz said he may miss what he described as crypto’s biggest wealth opportunity after moving most of his exposure away from direct cryptocurrency holdings and into Ripple stock. According to the source, Schwartz reduced his XRP holdings from more than 26 million tokens. The statement highlights a common tradeoff in the digital asset sector between holding a liquid token such as XRP and owning private company equity such as Ripple stock, which can offer different risk, liquidity, and upside profiles.