Evernorth’s plan to put some of its XRP treasury to work has drawn a bullish response from crypto commentator X Finance Bull, who pointed to possible uses in institutional markets. The deployment remains conditional, and the company has not disclosed a token allocation.
Evernorth reported holding about 473 million XRP when it completed its business combination on Oct. 9, a figure covered in an earlier account of the company’s XRP treasury.
In an Oct. 21 post on X, X Finance Bull cited Evernorth’s holdings as a reason for his positive view of XRP. X Finance Bull argued that Evernorth’s holdings could support activity in credit, liquidity and institutional finance, sectors he valued collectively in the trillions. He also described increasing the XRP represented by each share as a goal.
Evernorth said Oct. 14 that it planned to start deploying XRP from its treasury with Ripple, Kraken, Coinbase and BitGo in the fourth quarter of 2026. The plan is subject to required approvals and other conditions; the company did not specify how many tokens it intends to deploy.
