XRP whales have held the largest share of the token’s supply since November 2022. Wallets holding at least 10 million XRP now control 46.87 billion tokens, or around 68.5% of the total supply. The increase comes as the price struggles near $1.3. According to Santiment, this shows that large holders continue to accumulate despite the […]
Evernorth Holdings has filed to raise up to $80.7 million through a committed equity facility with Cantor Fitzgerald. The move could provide fresh capital for the company’s XRP treasury strategy. Fresh Funding to Expand XRP Treasury Under the agreement, Evernorth can sell up to 5,218,935 shares of its Class A common stock to CF Principal […]
Evernorth has announced its first institutional execution partners as the XRP-focused treasury company prepares to put its holdings to work. The company has teamed up with Ripple, Kraken, Coinbase, and BitGo. Together, they will help Evernorth deploy its 473 million XRP treasury into institutional strategies starting in the fourth quarter of 2026. Institutional Investment Push […]
October 12 is shaping up as an important day for Ripple’s cross-border token as Evernorth begins trading on Nasdaq with a treasury of roughly 473 million tokens. Meanwhile, analysts are watching whether the asset can stabilize around $1.40 and reclaim the next key level at $1.50 before it can aim at even higher targets. 473M […]