Arrington XRP Fund Discloses $514M Evernorth Stake with Ripple Influence
Arrington XRP Capital Fund holds a significant stake in Evernorth, with Ripple having voting rights over a portion of the shares.
Arrington XRP Capital Fund holds a significant stake in Evernorth, with Ripple having voting rights over a portion of the shares. XRP (XRP) is trading at ₹124 ($1.30), up 0.8% since this brief published. This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Tue, 20 Oct 2026 11:45:01 UTC.
This development highlights the growing intersection of traditional finance and crypto, with a major fund backed by XRP capital gaining substantial influence in a Nasdaq-listed company. The involvement of Ripple adds another layer of complexity to the relationship between XRP and traditional equity markets.
- Arrington XRP Capital Fund owns 19.9% of Evernorth, valued at $514M.
- Rippleworks can direct voting for 30.2M shares in the fund's stake.
- XRP market cap stands at $81.69B amid flat market conditions.
Arrington 
XRP Capital Fund has disclosed a significant ownership stake in Evernorth, a company listed on the Nasdaq. The fund owns 19.9% of the company, which is valued at approximately $514 million based on current market prices.
The filing, known as a Form 3, also reveals that Rippleworks, a subsidiary of Ripple, has the ability to direct how 30.2 million of the fund's shares are voted. This suggests a potential influence of Ripple in the decision-making processes of Evernorth.
The stake held by Arrington XRP Capital Fund represents a notable intersection of traditional finance and the cryptocurrency market. This is particularly relevant given the fund's ties to XRP, a cryptocurrency with a market cap of $81.69 billion.
The broader crypto market remains relatively flat, with a total market cap of $2.79 trillion. 
Bitcoin is down 0.94% in the last 24 hours, while XRP has seen a slight decline of 0.61% over the same period.
The involvement of Ripple in the voting rights of the fund's shares adds another layer of complexity to the relationship between XRP and traditional equity markets. This development may prompt further scrutiny and analysis of such intersections in the future.
Since this brief published about 46 minutes ago, XRP (XRP) has moved from ₹122.62$1.29 to ₹123.57$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 Token Times'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 ≈ ₹134.87 (about $1.30), up 0.0% over 24 hours. The rupee itself trades about 9.1% above the official rate on the P2P market, so a Indian 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.
Token Times 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 many shares can Ripple direct the voting for?
Rippleworks can direct the voting for 30.2 million shares in the fund's stake.
What is the current market cap of XRP?
XRP's market cap is $81.69 billion.
How much is 1 XRP worth in rupee today?
About ₹134.87 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.30. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee 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 ₹124 ($1.30) now versus ₹123 ($1.29) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.