Evernorth has hired a former Coinbase investment executive to manage its $473 million XRP treasury. The appointment comes as the company prepares to list on the Nasdaq.
Source
"Evernorth Taps Coinbase Vet to Manage $473M XRP Treasury" — The Block
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.
The new executive will be responsible for implementing strategies to generate returns on the XRP holdings, including lending, liquidity provision, and yield strategies.
XRP · 7D · $1.27−10.8%
