Evernorth has appointed Hugo Jeandesboz, former co-chief investment officer at Coinbase Asset Management, to oversee its $672 million XRP treasury. This move comes after Evernorth completed a SPAC merger and plans to list on Nasdaq. Jeandesboz will serve as chief investment officer, focusing on strategies like lending and liquidity provision to grow XRP holdings and increase XRP per share. The appointment signals Evernorth's commitment to leveraging XRP as a core part of its corporate treasury strategy.
Evernorth's strategic move to appoint a former Coinbase executive to manage its $672 million XRP treasury highlights growing institutional interest in XRP. On Pluang, XRP trades at Rp24.998 with a slight 0.29% increase as of Oct 12, 2026, 19:21 WIB. The token's market cap stands at Rp1.584,91 trillion, and trading activity shows a strong buy sentiment with 61% of orders favoring purchases, reflecting active engagement among Pluang users.
Standard Chartered's Dubai branch now provides regulated institutional custody for Ripple's RLUSD stablecoin on the XRP Ledger, allowing eligible clients to hold the dollar-pegged stablecoin securely. The bank is collaborating with Ripple and LMAX Gr...
In October 2026, AI agents on the XRP Ledger processed 13.9 million transactions across 196 merchants, marking a significant milestone in on-chain activity. However, despite the high volume, the total value of these AI-assisted payments remains relat...
Standard Chartered has introduced an institutional custody service for RLUSD, Ripple's dollar-pegged stablecoin, integrating collateral workflows with Ripple and LMAX. This service targets professional clients needing regulated, bank-grade custody li...
Dogecoin saw the largest 24-hour increase in derivatives open interest among major cryptocurrencies, rising 5.68% to $241 million as traders increased exposure. Other top assets like Bitcoin, Ether, Solana, and XRP also experienced gains in open inte...
XRP's large holders, or whales, stayed mostly inactive last week while the token traded around $1.40. Analyst Ali Martinez points to $1.53 as a crucial resistance level; a close above this could lead to a bullish breakout toward $1.62. The token is c...
