Evernorth Holdings CEO Asheesh Birla announced the company is using XRP as the base for its digital-asset treasury, highlighting Bitcoin's limitations for on-chain activities. Birla explained that while Bitcoin can be moved or held, it lacks functionality for on-chain finance, which is becoming more important as institutions tokenize assets and explore blockchain trading. Evernorth plans to leverage XRP for risk-adjusted yields through both traditional finance and on-chain networks, expecting increased institutional interest in XRP lending and decentralized finance applications. The company holds 473 million XRP and will gradually deploy these tokens to institutional lending and earning opportunities on the XRP Ledger.
Evernorth CEO Asheesh Birla's XRP focus is context for cryptocurrency market data. For readers following crypto, here is Pluang's market snapshot as of Oct 25, 2026 04:51 WIB: Of 50 major cryptocurrencies, 4 rose and 45 fell. ATOM traded at Rp29.571 with a 1-day change of -5.73%, AXS at Rp17.232 down 5.10%, and CAKE at Rp37.056 down 5.07%.
The first Russian diesel tanker carrying 40,000 tons has arrived in New York following a deal between President Donald Trump and Russian President Vladimir Putin to release millions of tons of diesel into the global market. This move aims to address ...
Various Solana wallet research tools serve different purposes: wallet labels classify traders, performance metrics show past activity, block explorers reveal transaction history, and swap tools prepare trades. These tools help investors analyze walle...
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 mov...
Ethereum's share in the real-world asset (RWA) tokenization market has fallen from 71% to 40% over the past year, signaling a shift toward a more diversified blockchain ecosystem. This decline is driven by the rise of other Layer-1 networks like BNB ...
Zcash (ZEC) rose 3.93% over a four-hour period to $1,197 on Binance, though it was down 2.39% over the full 24 hours. The short-term gain contrasts with the daily loss, reflecting different measurement windows. During the same hour, $100,000 worth of...
