Evernorth Acquires $214 Million in XRP, Driving Institutional Confidence

Evernorth has made another significant investment in XRP, purchasing an additional $214 million worth of the cryptocurrency. This latest acquisition further strengthens their commitment to the digital asset as a key component of their institutional-grade portfolio strategy. 84,365,876.3625 XRP were purchased at an average price of $2.53657058 per token, bringing their total XRP holdings past 473 million tokens. This purchase is funded by the proceeds of a previously announced private placement deal, highlighting Evernorth’s strategic and long-term approach to XRP investment.