XRP treasury company Evernorth has completed its SPAC merger and plans to list on Nasdaq while holding approximately $672 million in XRP assets. The firm intends to expand its reserves through yield-generating strategies including lending and liquidity provision to increase XRP per share. Evernorth aims to build a digital asset treasury operating model centered on active management of its core XRP holdings. To support this strategy, the company appointed Hugo Jeandesboz, former co-chief investment officer of Coinbase Asset Management, as chief investment officer responsible for investment strategy and asset management.