Evernorth To Launch Institutional XRP Treasury in 2026 AllinCrypto October 21, 2025
Evernorth Holdings, a newly formed corporatoin, has announced plans to launch a new XRP treasury with Armada Acquisition Corp II.
The merged company will trade on Nasdaq as the ticker “$XRPN” in a deal set to raise over $1 billion in gross proceeds. SBI Holdings, Ripple, Pantera Capital, Kraken & Ripple co-founder Chris Larsen are also collaborating.
The majority of the funds will be used for open-market purchases of the XRP token, establishing Evernorth as the world’s leading institutional XRP treasury. Let’s explore how Evernorth works and what it can mean for XRP.
Evernorth is due to go public on Nasdaq in 2026 under the ticker XRPN.
What is Evernorth Holdings?
Unlike a passive ETF, Evernorth’s treasury will not only hold XRP but participate in growing its holdings with yield-generation strategies, liquidity, and decentralized finance.
Investors will gain exposure to XRP’s price and yield returns from ecosystem engagements, allowing the fund to also act as an institutional liquidity provider.
Evernorth’s creation signals a major step toward making XRP a major insititonal investment in crypto, similar to Bitcoin and Ethereum. With regulatory clarity in the US now set and able to faciliate real-world utilise and cross-border payments, XRP seems readily positioned for mainstream financial integration and investments.
Evernorth may act as a liquidity anchor, acquiring large amounts of XRP then deploying those newly acquired tokens in lending, trading, and DeFi protocols for strategies.
$124M worth of $XRP has been sent from Ripple co-founder Chris Larsen’s web3 wallet to @evernorthxrp pic.twitter.com/YRdLKqUZQw
— ALLINCRYPTO (@RealAllinCrypto) October 20, 2025
Through XRPN, it seems institional investors will be able to gain liquid, transparent exposure to XRP while participating in network growth and yields.
The model helps transforms XRP from a bridge asset crypto into a yield-bearing institutional investment which has only been done, possibly, with Ethereum via ETH staking ETFs.
Strengthening the XRP Ecosystem
Beyond treasury accumulation, Evernorth plans to reinvest funds into the XRP Ledger ecosystem itself. The company will operate XRP validators to enhance decentralization and security, ensuring the reliability of on-chain movements.
It also plans to leverage Ripple’s RLUSD stablecoin as a DeFi on-ramp, securing new yields and collateral opportunities for XRPL users.
What Could this Mean for XRP’s Price ?
The implications for XRP’s price could be meaninggul in the long-term, with over $1 billion in potential capital entering the market wiht some being allocated directly to XRP buys.
Last week, CoinShares reported $73.9M inflows into XRP occuered via digital asset products like ETFs and ETPs. The demand from institions is there.
Evernorth is able to introduce a source of steady demand for XRP as institutional investors gained access to regulated investment products throuhout the year with Spot ETFs due by the end of 2025.
Combined with Ripple’s expanding enterprise partnerships, Evernorth’s plans may push the XRP Ledger and token into a new era, dominated by combined retail and institonal investments.
The post Evernorth To Launch Institutional XRP Treasury in 2026 first appeared on AllinCrypto.
