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Evernorth’s XRP Holdings Skyrocket Toward $1B After Ripple Swell 2025 Bombshells

Evernorth’s XRP Holdings Skyrocket Toward $1B After Ripple Swell 2025 Bombshells

Author:
Coingape
Published:
2025-11-05 06:38:58
12
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Evernorth just dropped a billion-dollar vote of confidence in XRP—and Wall Street's still trying to catch up.

Ripple Swell 2025 Unleashes Game-Changers

The annual conference delivered exactly what crypto optimists wanted: real-world adoption news that actually moves markets. While traditional finance was busy debating interest rates, Ripple partners were quietly building the infrastructure that could make legacy payment systems look like dial-up internet.

XRP's Corporate Takeover Accelerates

Evernorth's near-billion dollar position signals something bigger brewing—institutional money finally getting serious about digital assets beyond Bitcoin. The healthcare giant's massive XRP accumulation suggests they see something most traditional analysts are still missing: actual utility beyond speculative trading.

Because nothing says 'financial revolution' like watching billion-dollar corporations do what crypto maximalists promised would happen years ago—just with better compliance departments.

Evernorth XRP Holdings

At the Ripple Swell 2025 event in New York City, former Ripple executive Asheesh Birla took the stage to discuss his new venture, Evernorth, and its vision to bridge traditional finance (TradFi) with the decentralized economy. 

Built on the XRP Ledger (XRPL), Evernorth aims to simplify institutional exposure to digital assets while maintaining the compliance and risk management standards expected in mainstream finance.

The discussion highlighted how Evernorth’s $1 billion XRP position and its structured approach to regulated digital asset management signal a growing wave of institutional adoption within the XRP ecosystem.

Building on Ripple’s Legacy

Speaking live at the event, Birla reflected on his decade-long journey at Ripple, highlighting how the company evolved from a small startup into a global payments leader.

He emphasized that Ripple’s strength has always come from collaboration with traditional financial institutions, not competition crediting the company’s long-standing commitment to regulation and compliance as key to its success.

Evernorth: A Regulated Digital Asset Treasury for Institutions

Evernorth is designed to simplify how institutional investors hold and manage exposure to XRP and other digital assets. Structured as an XRP digital asset treasury (DAT), it combines the accessibility of traditional exchange-traded funds (ETFs) with the flexibility of blockchain-based assets.

Initially, Evernorth will focus on generating yield through traditional finance mechanisms, with plans to introduce DeFi-based yield products as the market matures. The company’s mission is to make institutional participation in digital assets both seamless and compliant, paving the way for greater adoption across the financial sector.

Regulation Fuels Institutional Momentum

Birla noted that regulatory clarity has been a driving force behind Evernorth’s timing. He referenced the passage of the Genius Act, which offered much-needed stablecoin regulation and triggered an 18% sector growth shortly after approval.

With the United States now setting clearer guidelines for digital assets, institutional investors are increasingly viewing XRP and other blockchain-based assets as viable additions to their portfolios.

Bridging Traditional Finance and DeFi

Evernorth’s long-term goal is to create a sustainable bridge between traditional finance and decentralized finance (DeFi). While volatility remains a defining trait of crypto assets, Birla believes responsible innovation and long-term vision will attract lasting institutional involvement.

Evernorth’s XRP Holdings 

Ripple-backed Evernorth reportedly acquired an additional $214 million in XRP, bringing its total XRP holdings and commitments to over 473 million tokens, a position estimated to be worth nearly $1 billion.

The latest purchase was priced between $2.36 and $2.53 per XRP, with Ripple’s affiliate acquiring 50 million XRP and the Arrington Fund adding 211 million XRP.

This accumulation ahead of Evernorth’s planned NASDAQ debut signals a clear vote of confidence from institutional investors in the XRP ecosystem, especially as regulatory clarity and blockchain infrastructure continue to advance.

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FAQs

What is Evernorth and how is it connected to Ripple?

Evernorth is a digital asset treasury built on the XRP Ledger, founded by former Ripple executive Asheesh Birla to bridge traditional finance with DeFi.

How does Evernorth help institutions invest in XRP?

Evernorth simplifies institutional exposure to XRP by offering a regulated, fund-like structure that ensures compliance and risk management.

What role does regulation play in Evernorth’s strategy?

Evernorth’s launch aligns with new U.S. crypto regulations, making it easier and safer for institutions to participate in digital assets like XRP.

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