Ripple CEO Joins $1B XRP Treasury Firm as Strategic Advisor
Evernorth said in a Jan. 6 tweet that Ripple’s chief executive has signed on as a strategic advisor to the $1 billion XRP treasury firm, highlighting the leadership driving its growth and vision. The brief announcement framed the move as part of Evernorth’s effort to strengthen governance and strategic direction as it manages significant XRP holdings.
The pick-up of Ripple’s CEO is notable for market perception and institutional signaling: it ties a high-profile issuer closer to a large treasury manager and could lend additional credibility to Evernorth’s stewardship of XRP reserves. While advisory roles don’t equate to direct market endorsements or operational control, the development may influence investor sentiment and demonstrates growing institutional structuring in the XRP ecosystem.