Macro Finance
Ripple-Backed Evernorth Eyes $132M Funding Amid XRP Buying Plans
Bitcoin.com News·October 21, 2026·1 min read
Ripple-backed Evernorth plans to raise capital to buy more XRP, with existing warrants potentially providing up to $132.2 million in additional funding. Its latest prospectus details cash investments and token contributions that established its treasury. Evernorth's strategy includes further XRP purchases through capital raising, signaling continued confidence in the token.
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