Evernorth CEO Asheesh Birla has expressed optimism about the role of XRP in the evolving institutional DeFi landscape. In a recent YouTube video, Birla highlighted Evernorth's strategy to leverage XRP in building a yield economy, citing regulatory clarity and mature blockchain infrastructure as pivotal factors. Evernorth aims to deploy its substantial XRP holdings into yield-bearing DeFi instruments on the XRP Ledger, enhancing liquidity and expanding use cases. Evernorth, which claims to be the largest XRP-dedicated treasury, plans to list on Nasdaq under the ticker $XRPN in Q1 2026. The company holds over 388 million XRP, positioning it as a significant player in the XRP ecosystem. Birla believes the alignment of regulatory clarity, DeFi infrastructure, and institutional capital readiness marks a "perfect time" for Evernorth's launch, potentially setting a precedent for corporate treasury strategies similar to those seen with Bitcoin.