Evernorth Holdings Inc. plans to collaborate with Ripple, Kraken, Coinbase, and BitGo on institutional XRP treasury strategies, aiming to deploy these strategies in the fourth quarter of 2026. The agreements are subject to regulatory and corporate approvals. The goal is to increase XRP per share by adding XRP to Evernorth's treasury and leveraging existing token holdings. Future plans include investing in DeFi applications on the XRP Ledger, pending technical validations and network feature activations.
Evernorth's XRP treasury strategies provide context for cryptocurrency market activity. For readers following the crypto sector, here is Pluang's market snapshot as of Oct 23, 2026 03:02 WIB: out of 50 major cryptocurrencies, only 4 rose while 45 fell. Avalanche (AVAX) dropped 7.53% to Rp164.167 with a typical hold time of 87 days and a 73% buy order activity, contrasting with Harmony (ONE) which fell 7.29% to Rp25 and had a longer hold time of 153 days but more sell orders at 56%. Curve DAO Token (CRV) declined 7.20% to Rp6.587, showing the highest sell pressure at 91% and the shortest hold time of 62 days among these movers.
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