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October 21, 2025cryptonews logocryptonews

Ripple Price Prediction: Is XRP About to Pump As Evernorth Announces $1B Treasury Plans?

Ripple just announced its own investment firm, with plans to build a $1 billion treasury dedicated to buying ￰0￱ announcement is a major win for XRP, as they will most likely make these purchases directly from the open ￰1￱ of it as the BlackRock of XRP, a bridge between traditional finance and Ripple’s on-chain liquidity ￰2￱ firm plans to go public through a SPAC merger with Armada Acquisition Corp II and will trade under a creative ticker called XRPN. Ripple-backed Evernorth targets Nasdaq debut in Q1 2026 to expand XRP adoption ￰3￱ — Blockworks (@Blockworks_) October 20, 2025 Since it was launched by Rippl e , the entire goal is to give institutions regulated access to XRP and build an active, professionally managed treasury around ￰4￱ Evernorth Matters More for XRP Than Most People Realize Evernorth is not your typical crypto ￰5￱ is a regulated institutional setup built to buy, hold, and manage XRP for corporations and ￰6￱ company is gunning for over $1 billion in proceeds to create the biggest public XRP treasury out there and push institutional adoption forward.

Essentially, it provides Wall Street with a clean and compliant way to enter the crypto market through traditional channels. I’m proud to share that we’ve launched @evernorthxrp , a first-of-its-kind institutional vehicle built to accelerate XRP ￰7￱ over a decade of uptime and a rapidly growing DeFi ecosystem, XRP is well-positioned for adoption — and Evernorth is built to meet that moment.… ￰8￱ — Asheesh Birla | CEO at Evernorth (@ashgoblue) October 20, 2025 It is backed by prominent investors such as Ripple, SBI Holdings, Pantera Capital, Kraken, and ￰9￱ lineup positions Evernorth as a serious, regulated player running XRP market infrastructure for ￰10￱ of waiting for banks to gather XRP bit by bit, Evernorth consolidates capital into a single, regulated, and publicly listed ￰11￱ makes institutional access to XRP easier, scalable, and ￰12￱ deep liquidity, compliant access, and solid treasury ￰13￱ combining a public-market wrapper, transparent treasury policy, and top-tier backers, Evernorth opens the door for funds that cannot buy spot crypto directly but can buy into a listed vehicle ￰14￱ is how real capital moves in at scale.

“Open Market Purchase” means buying XRP straight off an exchange at the going price, which naturally pushes the price up as more buyers ￰15￱ private deals done at discounts, this kind of activity is fully ￰16￱ retail investors, that is exactly what you want to see ￰17￱ Price Prediction: Is XRP About to Explode Beyond $3?

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