# Ripple's CEO Says the Company Once Weighed Shutting Down and Handing XRP to Shareholders

Brad Garlinghouse's disclosure lands as XRP futures positioning drops by about $700 million and spot ETFs record net outflows, even while the XRP Ledger builds an institutional pipeline.

- Published: 2026-07-13T05:24:36.830Z
- Canonical: https://polylog.news/crypto/2026-07-13/ripple-s-ceo-says-the-company-once-weighed-shutting-down-and
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/07/12/ripple-once-weighed-shutting-down-and-handing-xrp-to-shareholders-ceo-says), [CryptoSlate](https://cryptoslate.com/xrp-investors-head-for-the-exits-as-700-million-in-futures-bets-disappear/)

Ripple chief executive Brad Garlinghouse said he and co-founder Chris Larsen once considered winding the company down and distributing its XRP holdings to shareholders before deciding instead to fight the securities lawsuit the Securities a…

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