Evernorth
Ripple CEO Joins $1B XRP Treasury Firm as Strategic Advisor
Evernorth, an XRP treasury firm managing about $1 billion in assets, announced in a Jan. 6 tweet that Ripple’s CEO has joined its leadership team as a strategic advisor. The appointment links a major XRP issuer with a large institutional treasury holder.
Evernorth's $1 Billion SPAC Deal Aims to Build World's Largest XRP Treasury
Evernorth, a Ripple-backed crypto venture, is set to go public via a $1 billion Nasdaq SPAC deal with Armada Acquisition Corp II. This move aligns with Ripple's vision to boost institutional adoption of XRP, the fifth-largest cryptocurrency by market value. The funding will help Evernorth build the largest XRP treasury and expand its influence in the crypto market.
Published at 2025-10-20 15:25:21