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Evernorth partners with Ripple, Kraken, Coinbase, and BitGo to invest 473M XRP treasury starting Q4 2026

Market News
14 Oct 2026
Crypto news
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Bullish
Evernorth partners with Ripple, Kraken, Coinbase, and BitGo to invest 473M XRP treasury starting Q4 2026

Evernorth has chosen Ripple, Kraken, Coinbase, and BitGo as institutional partners to manage and deploy investment strategies using its 473 million XRP treasury. The company plans to begin deploying capital in the fourth quarter of 2026, initially focusing on XRP accumulation and earnings generation through these partners. Evernorth will also explore decentralized lending and credit markets on the XRP Ledger once validator approval and reliable operations are established. Chief Investment Officer Hugo Jeandesboz will oversee treasury allocation, liquidity, and counterparty relationships, aiming to increase XRP holdings per share and provide Nasdaq-listed investors exposure to XRP via equity shares.

Evernorth's XRP treasury plans provide context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 15, 2026 02:51 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Among notable movers, ATOM (Cosmos) dropped 5.58% to Rp31.507 with 80% buy orders, AXS (Axie Infinity) fell 5.06% to Rp19.405 with 100% buy orders, and CAKE (PancakeSwap) declined 4.97% to Rp39.574 with a near-even buy/sell split.

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