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Florence Muchai

Evernorth targets over $1 billion XRP treasury with AI-powered agentic finance on XRPL

Evernorth plans to expand its XRP holdings beyond 1 billion dollars in gross proceeds and collaborate with t54 Labs to deploy AI-based agentic finance on the XRP Ledger. The firm aims to generate yield via lending, liquidity provision, and DeFi activity, while preparing a Nasdaq listing through a SPAC merger under the ticker XRPN in early 2026. The treasury already holds 473.2 million XRP and is backed by investors including Ripple, SBI, Pantera Capital, Kraken, and GSR.
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