Evernorth CEO Says XRP Per Share Will Guide Treasury Strategy

Evernorth Holdings Inc. will measure its treasury decisions by XRP held per share, a metric Evernorth CEO Asheesh Birla said will shape acquisitions, yield strategies and capital allocation. Birla said the company intends to pursue yield through traditional finance and on-chain activity. Separately, he said Evernorth plans to deploy XRP at a measured pace and with risk controls. At the close of its business combination on Oct. 9 , Evernorth held about 473 million XRP. Its shares began trading on Nasdaq under XRPN on Oct. 12. The company had previously outlined a plan to seek yield through traditional finance strategies and on-chain networks . Birla linked the approach to XRP’s focus on financial applications, including lending and decentralized finance systems being developed on the XRP Ledger.

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