Evernorth Plans $80.7M Share Sale to Fund XRP Purchases
Evernorth Holdings seeks to register 5.2 million shares for sale to support its XRP treasury expansion.
Evernorth Holdings seeks to register 5.2 million shares for sale to support its XRP treasury expansion. XRP (XRP) is trading at $1.30. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Sun, 25 Oct 2026 22:15:02 UTC.
This development highlights growing institutional interest in XRP, with Evernorth potentially injecting significant capital into the cryptocurrency. The move could signal increased corporate adoption and investment in digital assets.
- Evernorth plans to sell 5.2M shares, potentially raising $80.7M for XRP purchases.
- Proceeds may boost XRP treasury amid flat crypto market conditions.
- XRP price up 0.74% to $1.3 amid broader market neutrality.
- Arrington XRP Fund Discloses $514M Evernorth Stake with Ripple Influence
- Evernorth Plans $80.7M Share Sale to Fund XRP Purchases — this brief
Evernorth Holdings Inc. is seeking to register 5.2 million shares for sale, which could raise approximately $80.7 million in gross proceeds. This information comes from a single source, 
Bitcoin.com.
The company intends to use the funds from the share sale to purchase additional 
XRP, as well as for other corporate purposes. This move suggests a strategic focus on expanding its XRP holdings.
The share-sale arrangement, if approved, would provide Evernorth with substantial capital to potentially increase its XRP treasury. This could be seen as a bullish signal for XRP, given the company's apparent confidence in the cryptocurrency.
Currently, the total cryptocurrency market cap stands at $2.76 trillion, with Bitcoin showing a slight 24-hour decline of 0.02%. In contrast, XRP has seen a 0.74% increase in price over the past 24 hours, reaching $1.3, and a 3.14% increase over the past week.
The Fear & Greed Index remains at 54, indicating a neutral market sentiment. The potential influx of funds into XRP could influence market dynamics, especially if other institutional investors follow suit.
Since this brief published about 2 hours ago, XRP (XRP) has moved from $1.30 to $1.30 — +0.00%.
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). 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 ≈ ₦1,794.98 (about $1.30), up 0.4% over 24 hours. The naira itself trades about 4.2% 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.
Evernorth Plans $80.7M Share Sale to Fund XRP Purchases — questions & answers
How much could Evernorth raise from the share sale?
The share sale could generate approximately $80.7 million in gross proceeds.
What will Evernorth do with the raised funds?
Evernorth plans to use the funds to purchase more XRP and for other corporate purposes.
How has the XRP price reacted?
XRP has increased by 0.74% over the past 24 hours to $1.3.
How much is 1 XRP worth in naira today?
About ₦1,794.98 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.
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.