Ripple’s Strategic Move: $1B XRP Acquisition Signals Institutional Shift

A significant shift is taking place in the XRP ecosystem as Ripple strategically bolsters its liquidity network with a purchase worth nearly $1 billion. Evernorth Holdings, a company backed by Ripple and focused on digital asset treasury management, has acquired approximately 388 million XRP tokens over the past 24 hours. This move could redefine how institutions approach crypto infrastructure and open doors to broader financial applications.