SBI Holdings Supercharges XRP — Building One of the World’s Largest Public Treasuries

SBI Holdings and Ripple Back Evernorth’s $1B XRP Treasury Initiative Tokyo-based SBI Holdings has announced a strategic $200 million investment in U. S.-based Evernorth Holdings through a PIPE (Private Investment in Public Equity) financing round, joining forces with Ripple Labs and other key ￰0￱ move underscores SBI’s deepening commitment to advancing institutional adoption of the XRP digital asset on a global ￰1￱ Holdings, founded to drive institutional adoption of XRP, is emerging as a key force in digital asset ￰2￱ company plans to list on Nasdaq under the ticker XRPN through a merger with Armada Acquisition ￰3￱ (SPAC). The listing and capital raise, projected to surpass $1 billion, position Evernorth among the largest and most pivotal crypto-related SPAC deals to ￰4￱ to the announcement , proceeds from the fundraising will be directed primarily toward purchasing XRP on the open ￰5￱ goal is to establish one of the world’s largest public XRP treasuries, a strategic reserve aimed at enhancing the token’s institutional utility and market ￰6￱ merely holding XRP, Evernorth plans to actively deploy its assets through institutional lending and Decentralized Finance (DeFi) platforms to generate additional yield and value growth.

Therefore, this milestone marks a pivotal shift in the crypto landscape, underscoring the growing synergy between traditional finance and blockchain innovation. SBI’s $200 million investment showcases Japan’s progressive embrace of blockchain technology and reinforces its deep partnership with Ripple, a collaboration that continues to drive the evolution of XRP-powered cross-border payments. Additionally, Evernorth has pledged to have all financial reports independently audited by a leading global firm, reinforcing transparency, strengthening institutional trust, and setting a new benchmark for accountability in the digital asset sector. Therefore, SBI Holdings is actively shaping XRP’s future through strategic investments, deep Ripple partnerships, and accelerating real-world adoption in global ￰7￱ SBI Holdings’ $200 million investment in Evernorth, backed by Ripple’s strategic support, marks a major leap toward institutional adoption of ￰8￱ one of the world’s largest public XRP treasuries, Evernorth seeks to boost liquidity, stability, and real-world utility, bridging traditional finance with decentralized ￰9￱ audited transparency, a forthcoming Nasdaq listing, and a defined growth roadmap, the initiative positions XRP as a foundational asset in the next era of institutional crypto finance and global financial integration.