Evernorth deploys $648 million XRP treasury this quarter
Evernorth is moving 473 million XRP into active deployment starting Q4, working with Ripple, Kraken, Coinbase, and BitGo on the initiative.
The $648 million treasury activation marks a significant institutional allocation of the digital asset. Ripple serves as the primary partner, with the three major crypto exchanges and custody provider BitGo handling execution and infrastructure roles across the deployment phases.
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