Evernorth registers 5.2M shares to fund more XRP purchases

Evernorth Holdings filed to register 5.2 million shares under a share-sale arrangement that could raise roughly $80.7 million in gross funding. The company said it intends to use proceeds toward additional XRP purchases alongside other corporate purposes. Traders would read the move as fresh demand for XRP from a listed treasury-style holder, though the capital is contingent on the sale completing.