Ripple’s Brad Garlinghouse, now the proud owner of a Harvard Business Leader of the Year trophy, which is probably heavier than most crypto wallets, has been lauded by the Bay Area’s business elite. This is less a celebration of merit and more a statement: “Look at this man who’s spent years arguing with regulators while pretending it’s just a friendly chat.” The award, however, does manage to squeeze Ripple’s payment schemes into a “broader conversation” about money, rules, and banks slowly realizing they’re not as cool as they used to be.
The ceremony, held at the Julia Morgan Ballroom (a venue with enough chandeliers to power a small blockchain), drew 250+ attendees who nodded sagely as Garlinghouse and co-founder Chris Larsen discussed “building a company” for over a decade. Presumably, this includes the time they tried to explain XRP to a confused SEC official using only emojis and a Venn diagram.
Harvard Honors Ripple CEO
Harvard’s Northern California chapter framed the award as a tribute to Garlinghouse’s “payments infrastructure” and “digital assets,” which sounds impressive until you realize it mostly means “we sent money faster and then argued about it.” Ripple’s mission, according to the event, is to move money “in seconds rather than days”-a radical concept if you’ve ever tried to send a check via carrier pigeon.
Garlinghouse’s tenure, meanwhile, has been a masterclass in regulatory brinkmanship. While others play nice, Ripple has spent years in a legal tango with the SEC, all while Harvard’s investment arm casually bought Ethereum ETFs. Priorities, people.
HBSANC praised Garlinghouse’s “resilience” and “steadfast conviction,” which is just academic-speak for “he didn’t quit even when the SEC threatened to take away his toys.” The award also helpfully reminded everyone that Garlinghouse once wrote a Yahoo memo about peanut butter, which is either the most specific business strategy ever or a metaphor for something deeply unsettling.
In a twist that makes academia look like a crypto enthusiast, Harvard’s investment arm recently trimmed its Bitcoin holdings but added Ethereum. One wonders if the Harvard Management Company’s analysts use a crystal ball or just have a subscription to Forbes.
XRP, for what it’s worth, was trading at $1.4151. Because nothing says “financial revolution” like a decimal point.
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2026-04-27 09:57