INTEL: Evernorth to deploy $648M XRP treasury in Q4, taps Ripple, Kraken, Coinbase and BitGo
Evernorth — the Nasdaq-listed vehicle ($XRPN) that began trading this week after merging with Armada Acquisition Corp. II — plans to begin deploying its 473 million XRP treasury (~$648M) in Q4. It named Ripple, Kraken, Coinbase and BitGo as its first institutional partners, with lending and DeFi on the XRP Ledger planned later
