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Evernorth CEO says XRP chosen over Bitcoin for on-chain finance and institutional yield strategies

Market News
24 Oct 2026
Zycrypto
View Source
Bullish
Evernorth CEO says XRP chosen over Bitcoin for on-chain finance and institutional yield strategies

Asheesh Birla, CEO of Evernorth Holdings, explained in a podcast why the company prefers XRP to Bitcoin for its digital asset treasury. He highlighted that while Bitcoin is valuable, it lacks on-chain mobility, limiting its use beyond holding and moving. Birla emphasized XRP's growing role in on-chain finance, tokenization of real-world assets, and institutional adoption. Evernorth plans to use its 473 million XRP holdings for institutional lending and on-chain earning opportunities, aiming for security, liquidity, and long-term returns, marking a strategic shift from passive Bitcoin holding to active yield generation with XRP.

The Evernorth CEO's preference for XRP over Bitcoin is notable context for digital asset discussions. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 25, 2026 04:51 WIB: out of 50 major cryptocurrencies priced on Pluang, only 4 rose while 45 fell today. Among notable movers, AAVE traded at Rp2.471.103 with a 1-day change of -6.92% and a typical hold time of 106 days, EGLD was priced at Rp59.116, down 6.71%, and DOT stood at Rp18.714, down 6.65%.

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