Ripple-Backed Evernorth Eyes $132M Funding Amid XRP Buying Plans
October 22, 2026
Evernorth plans to raise capital to buy more XRP, while existing warrants could provide up to $132.2 million in additional funding. Its latest prospectus details the cash investments and token contributions that helped establish its treasury.
Key Takeaways
Full cash exercise of public warrants could generate about $132.2 million.
Completed advance and delayed placements brought $224.55 million in…