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XRP treasury firm Evernorth plans to make institutional exposure to XRP simple as it prepares for a public listing in Q1 2026.
The company believes that stronger regulation, especially in the United States, and growing institutional interest now provide the right conditions for its launch and expansion.
Evernorth revealed how it intends to remove barriers by handling custody, compliance, and security on behalf of investors looking to gain exposure to XRP. Moreover, the company expects to support new blockchain financial products, generate treasury yield, and reinvest in XRP.
Key Data Points
- Evernorth is currently eyeing a Q1 2026 IPO to make institutional access to XRP simple.
- The company plans to do this by letting investors buy stock instead of managing digital assets directly.
- Also, it expects to generate yield from its XRP holdings and reinvest earnings to expand its treasury.
- Evernorth further plans to help build XRP-based products and actively support ecosystem growth.
- The company believes now is the ideal moment for institutions to enter blockchain finance.
A Simpler Way for Institutions to Enter the XRP Market
The company’s CEO, Ashish Birla, disclosed these plans while speaking with host Kristina Ayanian at NASDAQ’s MarketSite.
During the interview, Ayanian highlighted that Evernorth’s move to the public market comes at a time when digital assets continue to expand into traditional finance. She asked Birla to explain what sets Evernorth apart and why public investors should take an interest.
In response, Birla highlighted the difference between Evernorth’s model and the usual steps required to participate in crypto. He said investors normally need to store their own assets, secure them, and manage rules and compliance on their own.
Birla explained that some investors and companies handle that responsibility well, but the majority want something easier. Notably, these ones prefer the simplicity of buying a share rather than setting up digital wallets, storage, or security systems. He said Evernorth solves this problem by doing the heavy lifting behind the scenes while shareholders benefit from indirect exposure to XRP.
Evernorth Looking to Fill Infrastructure Gaps for Traditional Investors
Ayanian then noted that institutional investors still face barriers when they try to enter the digital asset ecosystem. Birla agreed and said that regulation, compliance, and protection of digital assets are the biggest challenges. He emphasized that Evernorth designed its business to handle each of those issues directly, removing friction for clients.
According to Birla, his group has spent more than ten years developing blockchain products and understands how to operate safely in the space. He stressed that investors do not need new tools, systems, or knowledge. They simply buy Evernorth’s XRPN stock and let the company manage the blockchain side.
Going Beyond Ownership to Build the XRP Ecosystem
Meanwhile, the rise of XRP ETFs, which now boasts $1.27 billion in cumulative netflows, became the next topic in the conversation. Birla said recent launches proved that public markets now demand regulated exposure to XRP.
Birla also explained that Evernorth will not stay limited to holding XRP. He said the firm plans to support financial products built on top of the XRP blockchain and help expand the ecosystem.
Notably, part of this strategy includes earning yield on Evernorth’s XRP treasury and reinvesting the proceeds into additional XRP holdings. Birla said this will make the company an active contributor rather than a passive participant.
What Separates Future Winners in Digital Asset Treasuries
When Ayanian asked what would separate top performers in the digital treasury market, Birla called attention to two main strengths: scale and involvement. He noted that Evernorth already stands as the largest XRP-focused treasury today and intends to strengthen that lead going into its IPO.
Birla emphasized that the most successful firms must engage in the ecosystem rather than simply store tokens. He said Evernorth plans to continue building blockchain products, support use cases tied to XRP, and keep generating returns for shareholders. He expects the strongest digital treasuries to take the initiative, support development, and remain close to the technology.