Ai On Xrp Ledger? Evernorth Just Made Ultra-Bullish Move

Evernorth, a digital asset treasury holding over 388 million XRP, plans to raise more than $1 billion to build the largest institutional XRP treasury. Partnering with t54 Labs, which specializes in agentic AI on the XRP Ledger, the initiative will leverage AI-powered agents for trading, risk management, and compliance monitoring.

The capital will be raised through institutional lending, liquidity provisioning, and DeFi strategies, with the goal of generating returns on XRP rather than passively holding it. The project could mark a shift in XRP's use case from speculative asset to institutional utility, expanding the XRP Ledger's role beyond payments into AI-managed financial infrastructure.

Market reaction to the announcement has been positive, with XRP rising 2.94% to $1.95 and trading volume increasing nearly 30%, signaling renewed investor confidence and potential long-term growth.