Evernorth Discloses 473M XRP Holdings, Details Ripple and SBI Stakes
- —Evernorth holds about 473 million XRP, custodied by BitGo in cold storage
- —SBI holds 21.4% of common stock and 39.9% of voting power; Ripple holds 3.0% and 7.1%
- —Full cash exercise of warrants at $11.50 per share could raise about $132.2 million
- —First-half 2026 net loss reached $188.1 million on a $264.1 million XRP impairment
Why it matters: The largest XRP treasury company disclosed its ownership structure and risks, a key signal for institutional demand for XRP.
Source: The Crypto Times