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Evernorth secures $30M from NH Investment to boost XRP purchases, signaling strong institutional support.

Market News
18 Sep 2026
Crypto Briefing
View Source
Bullish
Evernorth secures $30M from NH Investment to boost XRP purchases, signaling strong institutional support.

Evernorth, a treasury firm focused on XRP and linked to Ripple, has obtained a $30 million convertible-note funding from South Korea's NH Investment & Securities to support spot XRP purchases. This move indicates growing institutional interest and a strategic accumulation of XRP, aligning with Evernorth's plans for a public listing. The increased capital injection could positively influence XRP's market position as it trades around $1.30 to $1.33. Market watchers will look for further updates on Evernorth's listing and other institutional partnerships that may impact XRP's trajectory toward a potential all-time high by 2026.

XRP's market cap on Pluang stands at Rp1.485,03 trillion as of Sep 18, 2026, 20:22 WIB, with a 24-hour trading volume of Rp53,92 trillion. The token is trading at Rp23.549, showing a 1.88% increase in the last day. Pluang users currently show a slight buying preference with 56% buy orders and a typical hold time of 71 days, indicating moderate investor confidence in XRP's medium-term outlook.

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