Evernorth, a Nasdaq-listed company, has named Ripple, Kraken, Coinbase and BitGo as counterparties for a $648 million XRP treasury, and says it is planning a phased move into XRP lending and yield strategies.
The company has not said which of the four firms will custody the XRP, what each will do in the lending plan, or the terms and timetable for it.
Reported by The Wrap desk from Digital Capital Daily weekly data pack. Published . Corrections
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