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Newly Formed Company Spends First Billion On XRP

Crypto
Oct 28, 2025
By Wireback

Startup buys $1B XRP, instantly a top profitable firm. Ask how.

Evernorth, a financial entity so fresh from the corporate incubator its ink is barely dry, has reportedly cemented its place in the pantheon of fiscal wizardry by purchasing a staggering billion dollars worth of XRP. This bold move, executed mere days after its inception, has seemingly propelled the fledgling firm into the upper echelons of "most profitable" institutional players, a title traditionally reserved for companies with, you know, a track record beyond a single ledger entry.

One can only marvel at the sheer audacity. While lesser treasury companies might dither with diversification, bonds, or even, dare we say, tangible assets, Evernorth has cut straight to the chase: selecting one specific digital token and going all-in. This financial masterclass has, quite coincidentally, aligned perfectly with Ripple's) recent celebratory mood regarding price surges. It's a strategy so brilliantly simple, it almost makes you wonder why traditional finance hasn't just replaced all their actuaries with a dartboard and a highly-caffeinated intern. After all, the most robust business model in the modern age apparently boils down to buying something and then hoping other people also buy it, but higher.

W

Wireback

Staff Writer

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