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Ripple's legal chief joins Evernorth board as firm boosts XRP treasury strategy ahead of Nasdaq listing.

Market News
06 May 2026
Coinpaper
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Bullish
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Evernorth Holdings appointed Stuart Alderoty, Ripple's Chief Legal Officer, to its board to strengthen governance and regulatory compliance as it advances its XRP treasury strategy. The Nevada-based firm holds $656 million in XRP reserves and plans a Nasdaq listing under the ticker XRPN, aiming to bridge traditional finance and blockchain assets. Alderoty's legal expertise is expected to enhance Evernorth's regulatory navigation and institutional credibility amid growing crypto regulation. This move signals a shift toward embedding digital assets directly into corporate balance sheets for public markets.

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