Evernorth Plans $80.7M Share Sale to Fund XRP Purchases
Evernorth Holdings seeks to register 5.2 million shares for sale, potentially raising $80.7 million to support its XRP treasury and future purchases.
Evernorth Holdings seeks to register 5.2 million shares for sale, potentially raising $80.7 million to support its XRP treasury and future purchases. XRP (XRP) is trading at ₹124 ($1.30). This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Sun, 25 Oct 2026 21:45:01 UTC.
This development highlights growing institutional interest in XRP, with Evernorth's potential $80.7 million investment signaling continued corporate adoption of cryptocurrencies. The move could also provide liquidity and support XRP's price stability.
- Evernorth plans to sell 5.2M shares, potentially raising $80.7M for XRP purchases.
- Proceeds may boost XRP treasury and support additional crypto investments.
- XRP price up 0.74% to $1.3 amid broader market stability.
- 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. has announced plans to register 5.2 million shares for sale, potentially raising $80.7 million in gross proceeds. This move is part of the company's strategy to bolster its cryptocurrency treasury, particularly its 
XRP holdings.
The funds generated from the share sale are expected to be directed towards purchasing additional XRP, according to 
Bitcoin.com. This aligns with Evernorth's previous activities in the crypto space, indicating a strategic focus on building a substantial digital asset portfolio.
The share-sale arrangement, if approved, would provide Evernorth with significant financial resources to expand its crypto investments. This development comes amid a period of relative stability in the broader cryptocurrency market, with the total market cap hovering around $2.76 trillion.
XRP's price has shown modest growth, currently trading at $1.3, representing a 0.74% increase over the past 24 hours and a 3.14% gain over the last week. This positive trend may be influenced by news of potential institutional investments like Evernorth's planned purchases.
The Fear & Greed Index remains at 54, indicating a neutral market sentiment. Investors will be watching for further developments in Evernorth's share sale and its impact on XRP's price and market position.
Since this brief published about 1 hour ago, XRP (XRP) has moved from ₹123.50$1.30 to ₹123.50$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 ≈ ₹132.37 (about $1.30), up 0.3% over 24 hours. The rupee itself trades about 7.2% 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 Plans $80.7M Share Sale to Fund XRP Purchases — questions & answers
How much is Evernorth planning to raise through the share sale?
Evernorth aims to raise approximately $80.7 million through the sale of 5.2 million shares.
What will Evernorth use the funds for?
The funds will primarily be used to purchase more XRP, along with other corporate purposes.
How has XRP's price reacted to the news?
XRP's price has increased by 0.74% to $1.3, showing a positive response to the potential investment.
How much is 1 XRP worth in rupee today?
About ₹132.37 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 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.