Vincent Van Code believes institutional investors face obstacles preventing them from easily buying and holding XRP directly, citing high costs and compliance requirements. However, he sees a silver lining in the recent Evernorth initiative. This company’s upcoming Nasdaq listing (ticker: XRPN) aims to provide an indirect route for institutions to gain exposure to XRP without the complexities of direct custody. Van Code considers this crucial, highlighting that such compliant investment vehicles like ETFs and corporate treasury initiatives will drive long-term institutional adoption. Despite XRP’s current price stagnation, he remains optimistic about its future due to these developments.