Exchanges· ★★★· neutral·

Evernorth taps ex-Coinbase investment exec to lead 473 million XRP treasury ahead of Nasdaq debut

  • —Evernorth is preparing a Nasdaq debut with a 473 million XRP treasury
  • —A former Coinbase investment executive will lead the XRP treasury
  • —The tokens will be deployed in lending, liquidity and yield strategies
Why it matters: A listed company with one of the largest XRP treasuries could become a major institutional player in the token's market.
Source: The Block