Evernorth chief executive Asheesh Birla says the company’s planned $1 billion war chest for XRP is only a starting line, outlining an active-management strategy designed to recycle yield into additional purchases and position the treasury vehicle for a Nasdaq debut under the ticker XRPN in the first quarter of 2026.

In a new interview on the Thinking Crypto podcast, Birla confirmed that Evernorth’s capital plan is open-ended rather than capped. “We don’t have any plans to stop […] the idea is not to stop at a billion in treasury,” he said, adding that the firm will pursue additional opportunities to scale once its initial transaction closes.

Evernorth’s XRP Strategy

Birla framed Evernorth as a pure-play digital asset treasury—“100% focused on XRP”—built to make institutional and mai

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