Arrington XRP Fund Discloses $514M Evernorth Stake with Ripple Influence
Arrington XRP Capital Fund holds a significant stake in Evernorth, with Ripple able to direct voting on 30.2 million shares.
Arrington XRP Capital Fund holds a significant stake in Evernorth, with Ripple able to direct voting on 30.2 million shares. XRP (XRP) is trading at $1.30, up 0.8% since this brief published. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Tue, 20 Oct 2026 11:45:04 UTC.
This development highlights the growing influence of crypto investment firms in traditional markets and underscores Ripple's strategic positioning through its association with Arrington XRP Capital.
- Arrington XRP Capital Fund owns 19.9% of Evernorth, valued at $514M.
- Ripple has voting rights on 30.2M shares in the fund's stake.
- The stake represents a strategic link between crypto and traditional markets.
- Evernorth Unveils $630M XRP Strategy with Ripple, Kraken, and Others
- Arrington XRP Fund Discloses $514M Evernorth Stake with Ripple Influence — this brief
Arrington 
XRP Capital Fund has revealed a significant ownership stake in Evernorth, a Nasdaq-listed company, amounting to 19.9% of the company's shares. This stake is valued at approximately $514 million based on current market valuations.
The filing, as reported by 
Bitcoin.com, indicates that Rippleworks, an entity associated with Ripple, holds the ability to direct how 30.2 million of the fund's shares are voted. This suggests a strategic influence of Ripple in the traditional financial market through its association with Arrington XRP Capital.
The stake in Evernorth represents a notable intersection between the crypto and traditional finance sectors. It underscores the growing trend of crypto investment firms expanding their presence in mainstream markets, potentially influencing corporate governance and strategic decisions.
On-chain data from DeFiLlama shows that the total value locked (TVL) in related DeFi platforms has seen a slight decline of 1.7% over the past week, currently standing at $147.41 million. This context provides a glimpse into the broader market conditions affecting such investments.
In the current market environment, with the total crypto market cap at $2.79 trillion and Bitcoin experiencing a 0.94% drop in the last 24 hours, XRP, the native token of Ripple, is trading at $1.29, down 0.61% in the past day and 4.98% over the week. The Fear & Greed Index stands at 55, indicating a state of 'Greed' in the market.
Since this brief published about 46 minutes ago, XRP (XRP) has moved from $1.29 to $1.30 — +0.78%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution; intraday detail builds over the first day). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,775.9 (about $1.30), up 0.0% over 24 hours. The naira itself trades about 2.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 20, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Arrington XRP Fund Discloses $514M Evernorth Stake with Ripp — questions & answers
What is the value of Arrington XRP Capital Fund's stake in Evernorth?
The stake is valued at approximately $514 million based on current market prices.
How much influence does Ripple have over the Evernorth stake?
Ripple can direct the voting of 30.2 million shares in the fund's 19.9% stake in Evernorth.
What is the current market context for XRP?
XRP is trading at $1.29, down 0.61% in the past 24 hours and 4.98% over the week.
How much is 1 XRP worth in naira today?
About ₦1,775.9 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.30. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.78% since this brief first published — trading at $1.30 now versus $1.29 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.