Evernorthxrp is an XRP-focused digital asset treasury company that describes itself as the largest public XRP treasury company, founded by Asheesh Birla and publicly launched on October 20, 2025. Evernorthxrp's Twitter Score is 9.2 out of 1000 as of October 2026, ranking #101,821 among 497,973 tracked accounts.
Evernorthxrp operates as Evernorth Holdings Inc. and announced a business-combination agreement with Nasdaq-listed SPAC Armada Acquisition Corp. II, with the combined company expected to trade on Nasdaq under the ticker XRPN if the deal closes and listing requirements are met. The SEC declared Evernorth's Form S-4 registration statement effective, with an Armada Acquisition Corp. II shareholder vote scheduled for September 30, 2026; that effectiveness does not constitute SEC approval of the transaction's merits. The transaction was announced as expected to raise over $1 billion in gross proceeds, including $200 million from SBI Group, primarily to fund open-market XRP purchases.
Evernorthxrp reported purchasing 84,365,876 XRP at an average price of approximately $2.54 per token as of November 4, 2025, bringing total XRP purchased and committed to over 473 million XRP. Rather than operating as a passive ETF, Evernorthxrp intends to grow XRP per share through institutional lending, liquidity provisioning, DeFi yield strategies, ecosystem participation and capital-markets activities. Its XRP Ledger plans include operating validators, using Ripple's RLUSD as an on-ramp into XRP-based DeFi, and supporting projects that expand XRP utility in payments, capital markets and tokenized assets.
Evernorthxrp counts Ripple, SBI Group, Arrington Capital, Pantera Capital, Kraken, GSR and Rippleworks among its backers. Ripple CEO Brad Garlinghouse and Ripple CTO David Schwartz are listed as advisors to Evernorthxrp. Evernorthxrp has also entered a strategic relationship with Doppler Finance to explore institutional liquidity deployment and treasury-management strategies on the XRP Ledger, and announced a strategic collaboration with t54 involving proposed integration of agentic-finance infrastructure for autonomous XRP Ledger treasury operations.
Evernorthxrp has published 352 posts on the platform. Evernorthxrp has been mentioned by 71 accounts, with 226 total mentions.
Who follows Evernorthxrp on X?
The accounts that follow Evernorthxrp include 50 founders, 8 angel investors, 32 influencers and 1 VCs. Among the notable followers are Hunter Horsley, Michael Arrington, Ivan On Tech Founder Bullmania, Brad Garlinghouse, Ripple and GSR.