Evernorth Has Reached 95% Of Its XRP Treasury Target – Here Are The Numbers
Evernorth has emerged as the latest powerhouse in institutional crypto accumulation, closing in on its ambitious XRP treasury goal. In just a few days, the firm has reached 95% of its accumulation target, marking a major milestone in XRP’s journey toward broader institutional adoption. The rapid growth of Evernorth’s reserves and its strategic partnerships has sparked renewed excitement across the XRP community, signaling what could be a pivotal shift in how institutions engage with the cryptocurrency. Evernorth Nears $1 Billion In XRP Holdings A new report from CryptoQuant has revealed....
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Momentum around XRP picked up again this week after Ripple-backed Evernorth unveiled plans to go public via a SPAC and use the proceeds to build what it calls the world’s leading institutional XRP treasury. However, there have been questions as to how much of the altcoin is actually being purchased by the company. Evernorth’s upcoming […]
Evernorth, a company backed by players close to Ripple, said it will go public through a SPAC merger that aims to build a large, public XRP treasury. Based on reports and regulatory filings, the deal would list the new company on Nasdaq under the ticker XRPN and raise more than $1 billion in gross proceeds. […]
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BitPay—one of, if not the world's largest Bitcoin payment processor—is heading to Capitol Hill with the Treasury Department in its sights. The news was quietly announced on Bitpay's Twitter and Instagram pages yesterday. The reason for the meeting is not immediately clear, although an education mission seems most likely. It is also unclear whether they were invited by the Treasury Department, or whether they decided to send representatives to Washington on their own accord. We have reached out to Bitpay for comment and will update this space as necessary. Today we discuss #bitcoin with the....