[Evernorth Plans to Deploy Approximately 473 Million XRP via Institutional Strategies, Currently Valued at Around $648 Million] BlockBeats News, October 14, U.S. publicly traded company Evernorth has selected Ripple, Kraken, Coinbase, and BitGo as its initial institutional partners. Starting from Q4, it plans to deploy approximately 473 million XRP it holds through institutional strategies, currently valued at around $648 million. Evernorth previously went public through a SPAC merger and plans to further expand into lending and on-chain DeFi strategies on the XRP Ledger in the future. [Original Link]