Evernorth Explores $1 Billion IPO to Strengthen XRP’s Presence

Evernorth, a Ripple-backed company, is preparing for a landmark financial move by aiming for a public listing in the United States. The firm seeks to raise over $1 billion through this initial public offering (IPO), with its ambitions extending beyond capital raising to solidify Evernorth’s position in the digital asset market, particularly in XRP. Evernorth’s strategic plan is to establish the largest publicly held XRP treasury. This move signals a bold commitment to the Ripple ecosystem and could significantly boost XRP’s visibility within the financial world.