How Evernorth Plans to Bring XRP to Wall Street Like a Public Stock
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- Evernorth targets Q1 2026 Nasdaq IPO to make institutional XRP easy exposure.
- Executive says recent XRP ETFs saw record demand from public-market investors.
- Company plans over $1B raise to build the largest institutional XRP treasury.
Institutional access to crypto has long been complicated. Custody rules, compliance risks, security concerns, and unclear regulations have kept many large investors on the sidelines. Now, a new public-market approach built around XRP aims to change that.
During a recent interview at the Nasdaq, Evernorth executive CEO Asheesh Birla explained how the company plans to make institutional XRP exposure as simple as buying a stock, ahead of its planned Q1 2026 IPO.
Why Timing Matters for XRP Adoption
Birla, who has worked in blockchain since 2013, said the current moment feels different from past crypto cycles. According to him, insti…
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