Ripple chief technology officer David Schwartz is pulling back the curtain on his crypto portfolio.
The original architect of the XRP Ledger is naming his top cryptocurrency holdings by size.
He says his largest allocation is XRP followed by Bitcoin and Ethereum.
After that, his next-largest position is in Basic Attention Token (BAT), followed by Stellar Lumens (XLM) and Cardano (ADA).
Next comes Polymath (POLY), Bancor Network Token (BNT), Kin, Crypterium (CRPT), StormX (STMX), Bitcoin Gold (BTG) and EOS.
Schwartz says the coins he holds now don’t necessarily represent his ideal portfolio.
“Note that this is not necessarily what I’d chose to hold now, I just kind of wound up here due to airdrops and other circumstances.”
Schwartz has had a long history in the crypto markets. Last year, he revealed he sold 40,000 ETH when it was priced at just $1.00 per coin. That amount of Ethereum is now worth $30.6 million.
“My decision to derisk was made in 2012 or so when I discussed investing in cryptocurrencies with my wife. She insisted we agree on a derisking plan right then. And I must say that every Bitcoin I sold for $750 or XRP for $0.10 hurt.”Check Price Action
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Featured Image: Shutterstock/Tithi Luadthong