# XRP Treasury Company Evernorth Goes Public

> Evernorth's Nasdaq debut as the largest XRP treasury company could boost XRP prices but has minimal impact.
- Title: XRP Treasury Company Evernorth Goes Public · The Motley Fool
- Summary: Evernorth's Nasdaq debut as the largest XRP treasury company could boost XRP prices but has minimal impact. Evernorth's 473 million XRP holdings may lift XRP…
- Keywords: xrp, evernorth, nasdaq, ripple, xrp treasury, crypto, xrp price, finance, money, Treasury, Company, Goes
- Source: The Motley Fool — https://fool.com/investing/2026/10/16/xrp-treasury-company-evernorth-is-finally-going-pu
- Author: Dominic Basulto
- Published: 2026-10-16T05:00:00+00:00
- Read time: 1 min
- Topics: xrp, evernorth, nasdaq, ripple, xrp treasury, crypto, xrp price, finance, money
## Evernorth Debuts on Nasdaq
Evernorth Holdings debuted on Nasdaq as the largest publicly traded XRP treasury company with 473 million XRP holdings.
## XRP Price Drop in 2026
XRP dropped 28% in 2026, prompting crypto investors to seek stable exposure through Evernorth.
## Evernorth's Pure-Play Focus
Evernorth is a pure-play XRP treasury company backed by Ripple, with CEO Asheesh Birla ex-Ripple executive.
## XRP Supply Context
XRP's total circulating supply is 63 billion, with Evernorth's 473 million holdings less than 1% of total supply.
## Limited Price Impact
Evernorth's holdings are less than the spot XRP ETFs, which hold 1.2 billion XRP and have had minimal price impact.
## Key takeaway

Evernorth's 473 million XRP holdings may lift XRP prices, but its small share of total supply suggests limited impact.