
SBI Holdings Invests $200M in Evernorth: XRP Poised to Become Corporate Treasury Asset
SBI Holdings has made a significant $200 million investment into Evernorth, a new U.S. company focused entirely on the XRP Treasury Business. Backed by Ripple, co-founder Chris Larsen, and institutional investors, Evernorth has raised over $1 billion in XRP and cash and is set to list on NASDAQ under the ticker XRPN. This move signals a major shift for XRP, moving it beyond its traditional role in cross-border payments toward becoming a corporate-grade treasury asset used for lending, DeFi integration, and network support.























