Evernorth Names Four Partners for Planned XRP Treasury Strategies
Photo: TokenPost
Evernorth Holdings Inc. plans to work with four crypto companies on institutional XRP treasury strategies, with deployment targeted for the fourth quarter of 2026 and approvals still required. On Oct. 14, Evernorth named Ripple, Kraken, Coinbase and BitGo as its first execution partners. Their agreements remain subject to customary closing conditions as well as regulatory and corporate approvals. The strategy aims to increase the amount of XRP attributable to each share. Evernorth plans to add XRP to its treasury and seek returns from tokens it already holds.
Source: TokenPost
