Ripple-Backed Evernorth Expands XRP Holdings to Over $1 Billion Ahead of Nasdaq Listing

Evernorth, a digital asset treasury firm backed by Ripple, has significantly increased its XRP holdings. The company’s on-chain data shows it now holds over $1 billion worth of XRP. This recent accumulation comes ahead of Evernorth’s planned listing on the Nasdaq stock exchange. Key contributors to this investment include large amounts from Ripple and Uphold, along with prominent investors like Chris Larsen.