Evernorth Plans to Put 473 Million XRP Treasury to Work
Nasdaq-listed Evernorth plans to deploy its 473 million XRP treasury through institutional strategies involving Ripple, Coinbase, Kraken and Bitgo.
Evernorth is preparing to use its 473 million XRP holdings in institutional investment strategies, moving toward active management of its digital asset treasury.
The newly public, Nasdaq-listed company named Ripple, Coinbase, Kraken and Bitgo as firms involved in the planned deployment.
The announcement outlines Evernorth’s intended approach to its XRP reserves, but the available report does not specify a deployment timetable or how the holdings will be allocated.
Source: Bitcoin.com News
