Evernorth, XRP’s largest treasury, is reportedly teaming up with the AI-based agentic finance to enhance its XRP treasury management through cutting-edge AI-based agentic finance automation.
This helps Evernorth to become the world’s largest institutional holder of XRP, turning passive holdings into a dynamic, high-performing powerhouse.
In a press release from Wednesday, Evernorth revealed that its partnership with t54 Labs marks a major shift than just sitting on XRP reserves.
Evernorth aims to generate serious yield through smart lending, liquidity provision, and decentralized finance executed seamlessly via XRPL.
Evernorth’s Ambitious $1 Billion XRP Treasury Push
Right now, CoinGecko data shows Evernorth sitting on around 473.2 million XRP tokens. The firm plans to raise more than $1 billion in gross proceeds to fuel open-market XRP buys, plus cover working capital and transaction costs.
Proceeds will flow into both traditional markets and DeFi networks for lending and structured trades on XRPL.
Evernorth executives say manual trading on these protocols often gets bogged down by delays and risks, especially when markets get volatile. They see AI-based agentic finance changing the game entirely.
By integrating T54’s AI-based agentic finance infrastructure, Evernorth enables fully automated operations that execute financial moves with precision and efficiency.
While over 300 public entities now hold Bitcoin per BitcoinTreasuries.net data, XRP is carving out its own spotlight.
Who knows, this could be just the beginning for XRP’s institutional era.