Evernorth launches public XRP treasury company, backed by Ripple

A major milestone has been achieved in the institutionalization of XRP as Evernorth, a new public company backed by Ripple and industry leaders, has launched with over $1 billion in funding to establish the world’s largest institutional XRP treasury. This marks the first time in history that a regulated company is dedicated entirely to XRP. Evernorth aims to provide traditional investors and corporate treasuries with direct, compliant access to this digital asset.