XRP Institutional Adoption Reaches New Heights with $1 Billion Treasury Initiative
In a groundbreaking development for the cryptocurrency sector, Evernorth has announced plans to raise $1 billion for what would become the largest dedicated XRP treasury in institutional history. This landmark move represents a significant shift in institutional approach to digital assets, focusing specifically on active yield generation strategies rather than passive holding. The initiative targets sophisticated institutional investors seeking liquid exposure to XRP while emphasizing strategic market participation. The proposed treasury structure allocates approximately 80% of the capital towards open-market XRP purchases, creating substantial potential for price appreciation and market liquidity enhancement. The remaining funds will be dedicated to operational expenses and strategic initiatives designed to maximize returns through active management. This approach demonstrates a maturation in institutional cryptocurrency investment strategies, moving beyond simple asset accumulation to sophisticated treasury management. Evernorth's public listing status adds an additional layer of credibility and transparency to this ambitious project, potentially setting a new standard for institutional cryptocurrency investment vehicles. The timing of this announcement, coming in late 2025, reflects the growing mainstream acceptance of digital assets within traditional finance circles. This development could serve as a catalyst for other institutional players to establish similar dedicated cryptocurrency treasuries, potentially creating a new asset class within corporate and investment fund portfolios. The focus on XRP specifically highlights the cryptocurrency's unique position in the digital asset ecosystem, particularly given its established regulatory clarity and banking partnerships. This massive treasury initiative could significantly impact XRP's market dynamics, potentially driving increased adoption and validating its utility beyond speculative trading. As institutional interest continues to grow, this move by Evernorth may represent a tipping point for broader cryptocurrency integration within traditional financial systems.
Evernorth Aims to Raise $1 Billion for XRP Treasury in Landmark Institutional Move
Evernorth, a publicly listed investment vehicle, has announced plans to secure $1 billion for what WOULD become the largest dedicated XRP treasury. The initiative targets institutional investors seeking liquid exposure to the digital asset, with a focus on active yield generation rather than passive holding.
Approximately 80% of the capital will fund open-market XRP purchases, while the remainder covers operational costs. The venture has already secured a $200 million anchor commitment from SBI Holdings, with participation from Ripple, Pantera Capital, and Kraken among others.
Former Ripple executive Asheesh Birla leads the project, which promises institutional-grade access to XRP through market-making, DeFi strategies, and ecosystem participation. Regulatory approvals permitting, the transaction is slated for completion by Q1 2026.
Analyst Projects XRP Could Rally to $1,700 Using AI-Powered Analysis
XRP's price has stabilized after a recent downturn, showing early signs of recovery as it approaches $2.50. Traders are closely monitoring the cryptocurrency for its next major move.
A bold prediction from crypto commentator Remi Relief suggests XRP could surge to $1,700 if it mirrors its 2017-2018 rally. Using AI tool Grok 3, Relief corrected the commonly cited 64,000% gain to 76,700%, recalculating the potential peak at $1,697.27.
The analysis hinges on XRP repeating its historical performance, though market skepticism remains. The AI-adjusted projection has sparked debate among investors weighing the feasibility of such a meteoric rise.
XRP Deposits Hit 4-Month High Amid Signs of Market Resilience
XRP deposit activity on Binance has surged to its highest level since June, signaling renewed interest from both retail and institutional participants. The uptick in smaller inflows points to broader retail engagement, while large periodic transfers suggest strategic repositioning by larger players.
Despite typical sell-side pressure associated with exchange inflows, XRP has maintained stability above $2.30—a sign of steady accumulation and underlying market strength. Derivatives metrics echo this optimism, with rising Open Interest and positive Funding Rates indicating growing speculative appetite.
The Taker Buy/Sell Ratio hovering NEAR 0.96 reveals diminishing sell pressure, potentially foreshadowing market equilibrium. This comes as XRP tests key support levels, with on-chain data suggesting a possible inflection point for the embattled asset.
Ripple's $1B XRP Treasury Plan Sparks Social Media Surge
XRP social metrics skyrocketed following news of Ripple's ambitious $1 billion treasury plan. LunarCrush data shows mentions peaked at 8.53k on October 15, with total engagements hitting 12.98 million. The AltRank dramatically improved from 667 to 32 before settling at 177, indicating sustained but tempered interest.
The surge coincides with Ripple-backed Evernorth's proposal to raise over $1 billion through a U.S. listing, creating a dedicated XRP treasury. This development positions XRP at the center of corporate treasury innovation, with Ripple simultaneously announcing a $1B acquisition in the $120T corporate payments market.
Brad Garlinghouse, Ripple's CEO, emphasized payments as crypto's primary use case, reinforcing XRP's role in this sector. The Galaxy Score of 56 suggests steady, non-speculative interest, while the rapid AltRank fluctuations demonstrate how quickly crypto narratives can capture market attention.
XRP Shows Weak Recovery Amid Evernorth's $1B NASDAQ Listing Plans
XRP has posted a 3.7% bounce from recent lows, trading at $2.47, yet remains firmly entrenched in bearish territory. The token continues to languish below all major exponential moving averages (EMAs), with technical indicators painting a grim picture. The Relative Strength Index (RSI) hovers near oversold levels, while the Moving Average Convergence Divergence (MACD) maintains a deeply bearish stance. Volume analysis suggests weak conviction behind the current rebound—a classic 'dead cat bounce' scenario.
Meanwhile, Ripple-backed Evernorth is preparing for a $1 billion NASDAQ listing, positioning itself as the largest publicly traded XRP treasury. The entity plans to acquire XRP on the open market, backed by institutional heavyweights including SBI Holdings, Pantera Capital, and Kraken. This development introduces a potential catalyst for XRP's institutional adoption, though market sentiment remains cautious amid ongoing distribution pressures.
Ripple-Backed Evernorth to List on Nasdaq via SPAC Merger with Armada Acquisition Corp II
Evernorth, a digital asset venture backed by Ripple, is set to go public on the Nasdaq through a merger with Armada Acquisition Corp II. The deal, expected to close in Q1 2026, could raise over $1 billion, marking one of the largest crypto-related public listings since 2021. The MOVE highlights the growing preference for SPAC mergers over traditional IPOs among crypto firms.
The newly formed entity will focus on building the largest public treasury of XRP, Ripple's native cryptocurrency and the fifth-largest digital asset by market cap. This strategic pivot follows Ripple's recent legal victory against the SEC, which has reignited Optimism for the company and its ecosystem.
The listing signals confidence in a potentially more favorable regulatory landscape under the current administration. SPAC deals continue to gain traction as a streamlined path to public markets for crypto ventures seeking liquidity and institutional exposure.
