Coin Edition
2025-11-12 05:55:00

Evernorth CEO Asheesh Birla Details the Ambitious $1 Billion XRP Digital Asset Treasury

Evernorth will operate similarly to an asset management fund, holding and deploying XRP while offering shares of its treasury Birla stated that Evernorth intends to list its fund shares under the ticker XRPN on NASDAQ, as early as Q1 2026 Instead of simply holding XRP, the treasury will deploy it into yield-generating opportunities across the growing XRPL and cross-chain DeFi ecosystem Evernorth’s CEO Asheesh Birla joined Tony Edward on his Thinking Crypto podcast to talk about the company’s new $1 billion fund dedicated to holding XRP. The company will operate similarly to an asset management fund, holding and deploying XRP while offering shares of its treasury. This model is designed for large institutions and corporate treasuries that want to invest in crypto but prefer to avoid the complexity and security risks of handling the digital assets directly. Duri… Read The Full Article Evernorth CEO Asheesh Birla Details the Ambitious $1 Billion XRP Digital Asset Treasury On Coin Edition .

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