Funding
Evernorth XRP Treasury Targets Institutional Yield
Evernorth, a company that entered public markets with approximately 473 million XRP, plans to generate returns from its XRP holdings through institutional lending, derivatives, and liquidity services. The company aims to start these actions in the fourth quarter of 2026, with Ripple, Kraken, Coinbase, and BitGo as its execution partners. Evernorth intends to deploy portions of its treasury and retain returns, potentially increasing XRP backing attributable to shareholders.