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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