Evernorth to deploy $648 million XRP treasury into lending strategies

CIE News ·

Nasdaq-listed Evernorth announced plans to deploy its $648 million XRP treasury into phased lending and yield strategies alongside Ripple, Kraken, Coinbase, and BitGo, according to The Block.

Nasdaq-listed Evernorth announced a phased plan to deploy its $648 million XRP treasury into lending and yield strategies, The Block reported. To execute the initiative, the firm is collaborating with Ripple, Kraken, Coinbase, and BitGo. The deployment follows Evernorth's recent debut on the Nasdaq exchange.

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