Evernorth Files to Register 11.5M Shares for XRP Treasury Expansion
Evernorth Holdings, backed by Ripple, plans to sell shares to increase its XRP holdings.
Evernorth Holdings, backed by Ripple, plans to sell shares to increase its XRP holdings. XRP (XRP) is trading at ₹124 ($1.30). This is an original Token Times brief synthesising 2 outlets (Blockonomi, CoinCodex), plus live market data, as of Tue, 20 Oct 2026 12:45:01 UTC.
This development signals Evernorth's strategic focus on expanding its XRP treasury, which could impact XRP liquidity and price dynamics. The move also highlights institutional interest in building positions in major cryptocurrencies.
- Evernorth filed to register 11.5M shares for public warrants at $11.50 per share.
- The company aims to raise funds to purchase more XRP for its treasury.
- Current XRP price is $1.3, with a market cap of $81.87B.
- The move could unlock up to $132 million for treasury expansion.
Multiple outlets, including Blockonomi and CoinCodex, report that Evernorth Holdings has filed with the SEC to register 11.5 million shares linked to public warrants priced at $11.50 per share. The stock was listed at $15.45 as of October 16. While both outlets agree on the share registration and warrant pricing, CoinCodex provides additional context about the potential $132 million value unlock and specifies that Evernorth holds 473 million XRP in its treasury.
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- Evernorth Files to Register 11.5M Shares for XRP Treasury Expansion — this brief
Evernorth Holdings, a company with ties to Ripple, has filed a prospectus with the SEC to register 11,499,992 Class A common shares. These shares are linked to public warrants with an exercise price of $11.50 per share.
The filing indicates Evernorth's intention to sell these shares to raise capital for purchasing additional 
XRP. This strategic move aims to expand the company's XRP treasury, which currently stands at 473 million XRP according to CoinCodex.
As of October 16, Evernorth's stock was listed at $15.45, which is higher than the warrant exercise price of $11.50. This suggests potential upside for investors participating in the share sale.
The total crypto market cap is currently $2.79 trillion, with 
Bitcoin down 1.01% in the last 24 hours. The Fear & Greed index stands at 55, indicating a state of 'Greed' in the market.
XRP is currently priced at $1.3, having fallen 0.49% in the past 24 hours and 4.61% over the last week. The XRP market cap is $81.87 billion, making it one of the largest cryptocurrencies by market value.
Since this brief published about 3 hours ago, XRP (XRP) has moved from ₹123.57$1.30 to ₹123.57$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 Token Times'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 ≈ ₹134.54 (about $1.30), down 0.8% over 24 hours. The rupee itself trades about 8.9% 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.
Evernorth Files to Register 11.5M Shares for XRP Treasury Ex — questions & answers
What is Evernorth's plan for the raised funds?
Evernorth intends to use the raised funds to purchase more XRP for its treasury.
How much XRP does Evernorth currently hold?
Evernorth's current XRP treasury consists of 473 million XRP.
What is the potential value of the share sale?
The share sale could potentially unlock up to $132 million for Evernorth.
How much is 1 XRP worth in rupee today?
About ₹134.54 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.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Blockonomi, CoinCodex, with the key figures cross-checked for agreement across them. 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.