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Evernorth, Doppler Finance Partner to Build Institutional XRP Liquidity on XRPL

The focus now shifts to piloting onchain mechanisms that could deploy XRP at scale for institutional treasuries.

Overview

  • The companies announced a strategic collaboration to design and pilot institutional liquidity and treasury use cases on the XRP Ledger.
  • Planned work includes evaluating onchain products, structured liquidity deployment, and disciplined risk and liquidity frameworks.
  • Evernorth brings a large public XRP treasury backed by Ripple and SBI Holdings, while Doppler provides institutional-grade infrastructure for onchain yield.
  • Go-to-market plans feature coordinated communications, joint publications, offline engagements, and global outreach to encourage XRPL adoption by institutions and retail users.
  • Evernorth continues to pursue a public listing through a business combination with Armada II.