CEO and head of product at Metaco, a cryptocurrency custody company owned by Ripple

A Ripple spokesperson confirmed the departure of CEO Adrien Treccani and Chief Product Officer Peter DeMeo and said: “We are grateful to Adrien and his team for the strong, industry-leading custody business they have built, as well as his leadership in integrating the custody team and solutions with Ripple. Since our acquisition last year, we are grateful to Adrien for delivering best-in-class enterprise encryption solutions to our customers around the world. As we continue to deliver, storage remains essential to Ripple’s growing business.”