Exchanges· ★★★· bullish·

Evernorth taps Ripple CEO Brad Garlinghouse as strategic advisor

  • —Evernorth added Garlinghouse, Alderoty and Schwartz as advisors
  • —Company holds about 473 million XRP worth $648 million
  • —Evernorth raised over $1 billion via SPAC, including $200 million from SBI Holdings
  • —Treasury partners include Ripple, Kraken, Coinbase and BitGo
Why it matters: Deepening ties with Ripple strengthens the largest public XRP treasury vehicle and its institutional strategy.
Source: Crypto Briefing