Evernorth names Coinbase veteran Hugo Jeandesboz CIO as XRPN starts trading on Nasdaq
Oct 12 2026 15:58 UTC - John Chen
➤ Evernorth Holdings has appointed Hugo Jeandesboz as CIO and began trading on Nasdaq under ticker XRPN, holding approximately 473 million XRP.
➤ The company plans an active strategy for its XRP holdings, including lending and yield generation, to increase the XRP backing per share.
➤ This approach contrasts with the passive model of most corporate crypto treasuries, offering investors regulated exposure to XRP with a potential yield component, albeit with increased risk.
Read more at: https://rwatimes.io/articles/cryptobriefing-evernorth-names-coinbase-veteran-hugo-jeandesboz-cio-as-xrpn-starts-trading-on-nasdaq-118379172?utm_source=binance
Oct 12 2026 15:58 UTC - John Chen
➤ Evernorth Holdings has appointed Hugo Jeandesboz as CIO and began trading on Nasdaq under ticker XRPN, holding approximately 473 million XRP.
➤ The company plans an active strategy for its XRP holdings, including lending and yield generation, to increase the XRP backing per share.
➤ This approach contrasts with the passive model of most corporate crypto treasuries, offering investors regulated exposure to XRP with a potential yield component, albeit with increased risk.
Read more at: https://rwatimes.io/articles/cryptobriefing-evernorth-names-coinbase-veteran-hugo-jeandesboz-cio-as-xrpn-starts-trading-on-nasdaq-118379172?utm_source=binance