Ripple Backed Evernorth Advances XRP Treasury Initiative
Ripple backed Evernorth has registered its trademark in the Cayman Islands as its $XRP Digital Asset Treasury initiative moves forward.
The filing covers digital asset treasury services, custody, portfolio management and blockchain software. The protection remains valid until 2036.
Evernorth already holds about 473 million XRP and plans to expand its position through lending, liquidity provisioning and DeFi strategies.
Source: The Crypto Basic