DriveWealth to Integrate Ripple as Evernorth Deploys XRP Treasury
DriveWealth, a global Brokerage-as-a-Service platform, is integrating Ripple’s blockchain infrastructure to modernize funding, settlement and institutional digital assets custody across global financial markets.The partnership will initially introduce Ripple’s RLUSD stablecoin settlement on the XRP Ledger in Europe, with plans to expand into the U.S.Additionally, the companies are exploring equity financing opportunities through Ripple Prime’s Delta One business.The integration will allow DriveWealth clients to fund collateral accounts using stablecoins that convert into cash in near real time, reducing reliance on traditional bank wires.“We’ve already enabled 24/5 trading; now we need the funding to match,” said DriveWealth CEO Naureen Hassan.Ripple SVP of Stablecoins Jack McDonald said the partnership extends beyond cross-border settlement to modernize trading, custody and financial infrastructure.Evernorth To Deploy 473 Million XRP TreasuryNasdaq-listed Evernorth Holdings Inc. announced Ripple, Kraken, Coinbase and BitGo as its inaugural institutional execution partners.The company plans to begin deploying its 473 million XRP treasury in Q4 of 2026, shifting from passive holdings toward institutional strategies designed to generate earnings and increase XRP per share."We’re putting our treasury to work," said Evernorth founder and CEO Asheesh Birla.Evernorth will initially deploy capital through established institutional counterparties before expanding into DeFi strategies as XRPL’s native lending and on-chain credit infrastructure matures.Image: Shutterstock Read Also: