Largest XRP Treasury in the World Excites Ripple CEO

All eyes are on XRP again after remarks from Ripple CEO Brad Garlinghouse about a new institutional initiative tied to the digital asset. The excitement centers on Evernorth, a project aiming to strengthen XRP’s role in institutional and decentralized finance.

JackTheRippler (@RippleXrpie), a prominent crypto influencer on X, shared Garlinghouse’s post with the community. This mention from one of the most followed voices in the XRP community gave further visibility to what many see as a defining step in Ripple’s long-term strategy.

Garlinghouse announced that Ripple has joined a coalition of major investors supporting Evernorth. In his post, he said he and the Ripple team are proud to partner with Evernorth and that the project is “building something special.”

Among the listed investors are SBI Holdings, Pantera Capital, Kraken, GSR, and Rippleworks. Their combined participation marks one of the most substantial institutional alignments seen around XRP to date.

Evernorth’s Institutional Ambition

At the center of the announcement is Evernorth’s goal to establish one of the largest institutional XRP treasuries in the world, with plans to raise over $1 billion in gross proceeds. The move is designed to solidify XRP’s presence in high-value markets and deepen its use within institutional frameworks.

Evernorth’s approach includes participating in institutional lending, liquidity provisioning, and creating DeFi yield opportunities using XRP as the foundation. Evernorth also plans to strengthen the XRP Ledger by contributing to validator operations.

According to the statement, the initiative will operate XRP validators to “strengthen the resilience and decentralization of the ledger.” This focus on validator participation demonstrates a commitment not only to XRP’s market expansion but also to the security and stability of the network itself.

Integration Through RLUSD and DeFi Access

A major component of Evernorth’s plan involves leveraging Ripple’s RLUSD stablecoin. One of the images shared by JackTheRippler describes this as an on-ramp into XRP-based decentralized finance, opening pathways for yield generation and lending built around XRP collateral.

For institutional players, the integration of RLUSD could simplify access to XRP liquidity while reducing volatility concerns, thereby increasing XRP’s utility across multiple financial applications. Evernorth’s DeFi and institutional focus positions XRP to evolve from a payments bridge asset into a key tool for liquidity, lending, and capital market applications.

Market Development and Adoption Potential

Evernorth plans to advance XRP’s real-world utility across payments, capital markets, and tokenized assets, reinforcing its role in global finance. By connecting institutional systems with blockchain-based liquidity and DeFi tools, Ripple and its partners are driving adoption and long-term growth.

With major investors backing the project and visibility boosted by JackTheRippler, XRP’s position as a scalable and essential digital asset continues to strengthen within both institutional and decentralized finance.