473M XRP at Work: Evernorth’s Game Plan Takes Shape With Ripple, Coinbase, Kraken, and BitGo

Evernorth has named Ripple, Kraken, Coinbase, and BitGo as partners to help deploy its 473 million XRP treasury starting in Q4 2026. 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 The announcement comes shortly after Evernorth debuted as a publicly traded company on Nasdaq under the ticker symbol XRPN. It is also the first step in a broader plan to generate returns from its XRP holdings instead of simply holding the tokens. In its official press release, Evernorth said it selected the four partners for their institutional infrastructure, licensing, financial strength, and experience working with public companies and asset managers. The partnerships are expected to provide the support needed to manage XRP investments with proper risk controls, reporting, and counterparty oversight. The longer-term plan also includes DeFi. As the XRP Ledger develops its nat...