Evernorth Introduces XRP Fund Prior to Nasdaq Debut
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 20 2025Evernorth Holdings Launch: Evernorth, a new institutional platform backed by Ripple veterans, is going public through a merger with Armada Acquisition Corp II, aiming to build an active XRP treasury and secure over $1 billion for XRP purchases and ecosystem growth.
Active Treasury Model: The company’s strategy focuses on utility-driven growth in payments, lending, and DeFi, positioning XRP as a yield-bearing asset, which reflects a shift in institutional finance towards active participation in blockchain markets rather than passive investment.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
