Barfinex
Chris Larsen

Chris Larsen

Co-founder and former CEO of Ripple · Ripple (former)

Structured initial XRP allocation, escrow mechanism and corporate distribution strategy

Initiated the corporate structures and token allocation frameworks that governed how the fixed supply of XRP would be released to markets. Early decisions created a large company-held reserve and later formalized an escrow mechanism of time-locked XRP holdings, which directly controlled periodic releases to Ripple and third parties. Directed the adoption of sales programs and commercial agreements that converted reserved XRP into liquidity for business development, market-making and customer settlements. Those negotiated sales, OTC deals and programmatic distributions were primary drivers of large supply flows into exchanges and institutional counterparties. Managed governance choices over how Ripple would sell or distribute XRP, including quarterly escrow releases and the use of market makers and partners. These practical steps translated corporate holdings into tradable supply and thus materially affected price formation, market depth and the availability of XRP for on‑demand liquidity products.

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