Coinbase Named Ripple-Backed XRP Treasury Institutional Partner: Full List

Major crypto exchange Coinbase has been named one of the institutional partners for Ripple -backed XRP treasury Evernorth as it begins to deploy from its 473 million XRP holding. Evernorth today announced its inaugural institutional execution partners, and this includes Ripple, Kraken, Coinbase and BitGo, according to a recent X post . Working with these partners, Evernorth seeks to both accumulate and deploy from its 473 million XRP treasury into institutional strategies beginning in the fourth quarter of 2026.

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