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Tomiwabold Olajide

Ripple CEO Brad Garlinghouse Becomes Strategic Advisor to $1 Billion XRP Treasury Firm Evernorth

On Jan. 5, 2026, Evernorth highlighted its leadership team and confirmed Ripple CEO Brad Garlinghouse as a strategic advisor, alongside Ripple executives Stuart Alderoty and David Schwartz. Evernorth, which launched in October through a $1 billion transaction backed by $200 million from SBI and further capital from Ripple, Rippleworks, Pantera Capital, Kraken, GSR and Chris Larsen, uses the proceeds to acquire XRP on the open market and cover corporate needs. RippleX has also urged XRP Ledger validators and node operators to upgrade to XRPL Version 3.0.0, while XRP recently climbed above $2.40 amid strong trading volumes and $48 million of U.S. spot ETF inflows.
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