$389 Million Failure: Why Largest XRP Treasury Is Stuck in Losses – U.Today

May 14, 2026 - 03:30
$389 Million Failure: Why Largest XRP Treasury Is Stuck in Losses – U.Today
Evernorth Holdings, created by former Ripple executive Ashish Birla with the ambitious goal of building the world’s largest corporate XRP treasury, has encountered harsh market reality. According to a fresh report from CryptoQuant analyst Maartunn, the company has recorded an unrealized loss of around $389 million. The treasury, positioned as a benchmark for institutional crypto asset management,...

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