Evernorth Holdings, newly listed on Nasdaq, announced partnerships with Ripple, Kraken, Coinbase, and BitGo to deploy its 473 million XRP treasury into institutional strategies starting Q4 2026. Led by new CIO Hugo Jeandesboz, the company aims to actively manage and grow its XRP holdings through both traditional institutional counterparties and future on-chain DeFi strategies as the XRP Ledger matures. This phased approach marks a shift from simply holding XRP to generating earnings and expanding ecosystem participation.
Evernorth's plan to deploy its 473 million XRP treasury provides context for readers interested in digital asset strategies. For readers following US stocks on Pluang as of Oct 14, 2026 18:02 WIB, 95 of 150 stocks rose while 45 fell. Among notable movers, Tencent Music Entertainment Group (TME) rose 1.65% to USD 8.64 despite 95% of Pluang orders being sell orders, contrasting with Intel Corp (INTC) and Micron Technology (MU), both down 1.62% at USD 101.14 and USD 937.60 respectively, where buy orders dominated at 70% and 67%.
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