Lately, information emerged concerning the launch of Evernorth, a brand new crypto enterprise backed by Ripple, anticipated to boost greater than $1 billion in proceeds. The transaction, anticipated to shut within the first quarter of 2026, will create the biggest publicly traded XRP treasury firm.
The digital asset treasury is not going to solely give attention to accumulating XRP but in addition towards the broad development of the XRP Ledger ecosystem.
Evernorth plans to supply traders publicity to XRP by a publicly listed car. Completely different from a passive ETF, Evernorth would improve its XRP per share over time by institutional lending, liquidity provisioning and DeFi (decentralized finance) yield alternatives.
Evernorth additionally plans to broaden DeFi integration, which is able to make the most of Ripple’s RLUSD stablecoin as an on-ramp into XRP-based decentralized finance. This transfer is predicted to reinforce yield potential and broader use of XRP as collateral.
$1 billion catalyst: XRP Ledger upgrades in highlight
The information of Evernorth’s launch triggered pleasure within the XRP and crypto neighborhood. Vet, an XRPL dUNL validator, breaks down what Evernorth’s $1 billion push means for the XRP Ledger ecosystem.
After digesting the @evernorthxrp information.
Let’s break down what we are able to count on from @evernorthxrp on the XRP Ledger and what this implies for us.
First Evernorth desires to take an energetic position rising XRP by using the XRPL, very totally different from ETFs.
1) 🔹Institutional lending.…
— Vet 🏴☠️ (@Vet_X0) October 20, 2025
Vet attracts consideration to a couple XRP Ledger upgrades set to set off a significant shift alongside the latest $1 billion catalyst by Evernorth.
As regards institutional lending, Vet highlighted XLS-65 and XLS-66, which convey vaults and a lending protocol natively to the XRP Ledger, noting that this presents a possibility for Evernorth to borrow towards the $1 billion fund, incomes yield consequently.
Evernorth would even have entry to compliance instruments, with the highlight on amendments similar to Decentralized Id, Credentials and upcoming Permissioned Area and DEX, which might be mixed with the lending protocol.
Additionally, upcoming on-chain privateness for the XRPL for lined balances and personal transfers of MPTs will support in institutional onboarding.
