Evernorth CEO explains why the treasury firm chose XRP over Bitcoin
- —Evernorth holds 473 million XRP and plans to deploy it into lending and on-chain yield
- —Birla said BTC can be moved and held but offers little on-chain activity
- —The firm is betting on DeFi, lending and vaults on the XRP Ledger
- —Birla called the company's Nasdaq listing a milestone for XRP
Why it matters: A public company building a yield-generating XRP treasury instead of passive HODLing could strengthen institutional demand for XRP.
Source: ZyCrypto
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