Bitcoin

XRP News: Ripple-Backed Evernorth Holdings Plans to Raise $80M to Buy More XRP

CoinGape·October 26, 2026·1 min read

Ripple-backed XRP treasury Evernorth Holdings plans to raise $80 million through a new stock issuance to expand its XRP holdings. The firm has adopted a funding model similar to Michael Saylor-led Strategy’s Bitcoin accumulation strategy. Evernorth signed a deal to sell 5.2 million XRPN stocks to Cantor Fitzgerald.

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