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XRP fund Evernorth reveals 50% bonuses for top execs ahead of Nasdaq XRPN listing.

Market News
31 Jul 2026
UToday
View Source
Neutral
XRP fund Evernorth reveals 50% bonuses for top execs ahead of Nasdaq XRPN listing.

Evernorth Holdings, preparing for its Nasdaq listing under the ticker XRPN, disclosed executive pay with 50% target bonuses and multimillion-dollar equity awards. Despite a $38 million impairment loss due to XRP price drops, the company holds 473 million XRP tokens valued at $640 million and is backed by major investors like Ripple and SBI Holdings. The listing aims to offer a regulated entry point into the XRP ecosystem, with management committed to long-term growth despite current market pressures.

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