Evernorth Opens an $80 Million Route to Add More XRP

By Isaac • October 25, 2026 11:22 am •

Evernorth has opened a flexible new route to raise roughly $80 million in equity capital, giving the XRP-focused treasury company another potential source of cash for its accumulation strategy.

The important word is potential. The committed facility lets Evernorth sell shares over time when management decides the terms and market conditions make sense, rather than delivering an $80 million check up front.

CryptoSlate reported that the Cantor arrangement could give Evernorth about $80 million of additional buying power and carry the public-company treasury model deeper into XRP, with as many as 5,218,935 new shares available through a flexible facility rather than one conventional offering and purchases generally priced at a 3% discount to the period’s VWAP.