Evernorth adds Ripple legal chief to board ahead of XRP-focused public listing

Evernorth Holdings is expanding its leadership team, including Ripple's chief legal officer Stuart Alderoty, as it prepares for a public listing via a SPAC merger. The company aims to offer regulated institutional exposure to XRP through an active treasury model that grows XRP holdings using yield strategies and market activities. This move supports Evernorth's plan to become a Nasdaq-listed digital asset treasury, providing a transparent and liquid investment vehicle for XRP. The leadership additions bring expertise in finance, risk, and digital assets to strengthen the company's public market strategy.