For those who have followed XRP since its early days, questions about initial investments and timing are often sources of interest. Recently, Ripple’s Chief Technology Officer (CTO), David Schwartz, joined the conversation, revealing how early he invested in XRP. In a reply to a community post asking users to share their XRP entry price, Schwartz revealed that he purchased his tokens at “$0.006.” The comment came in response to a tweet by a community member, who had remarked that “Real OGs caught $XRP at $0.50.” $0.006 — David 'JoelKatz' Schwartz (@JoelKatz) July 5, 2025 Schwartz’s response stood out because at $0.006, his disclosed entry point suggests involvement with XRP going back to its earliest phases of availability. XRP has seen significant volatility since its inception, trading at various price points across multiple market cycles. By comparison, many consider $0.50 the benchmark for “early” participation. Schwartz’s entry point of $0.006 sets that bar significantly lower, as the last time XRP traded at such low prices was March 2017. Schwartz’s History With XRP As Ripple’s CTO, Schwartz has been a central figure in the development and technical direction of the company’s products and the XRP Ledger. His deep involvement with the project places him in a unique category, as he is not only a user or investor but also an architect of the technology itself. Given this context, it’s not surprising that his exposure to XRP predates much of the general public’s awareness of the digital asset. However, he didn’t follow the same path as other key figures in XRP’s development. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Instead of taking a substantial XRP stake like Chris Larsen and Jed McCaleb, Schwartz decided to take a salary and maintain a 2% equity stake in Ripple. His decision not to accumulate XRP, like others in the company, has consistently sparked discussions within the crypto community. McCaleb has since sold his XRP holdings and has moved on to Stellar. Larsen is still an executive at Ripple, and Schwartz remains one of XRP’s most vocal advocates . While he did not initially accept any tokens, Schwartz previously revealed that his father bought over a million XRP in 2014 at $0.005 , with a lower entry price than Schwartz himself. However, Schwartz did not elaborate on how much XRP he acquired at that rate or whether his holdings have changed over time, and the community will continue to speculate on how much XRP the CTO holds. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple CTO Reveals His XRP Entry Price appeared first on Times Tabloid .
