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Evernorth taps Ripple and three firms for 473 million XRP treasury plans

Summary by crypto.news
Evernorth has selected Ripple, Kraken, Coinbase, and BitGo to support investment strategies using its 473 million XRP treasury, with initial deployment planned for the fourth quarter of 2026. Evernorth announced on Oct. 14 that it plans to generate earnings from…

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Evernorth Holdings plans to begin utilizing its $473 million XRP holdings through an institutional strategy with Ripple, Coinbase Kraken, and BitGo in the fourth quarter, shifting its recently publicly disclosed balance sheet from a passive crypto holding model to an actively managed holdings model. The company, which began trading on Nasdaq under the XRPN ticker on October 12th, identified the four companies as its first institutional utilizati…

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coinstats.app broke the news on Wednesday, October 14, 2026.
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