Former Coinbase Investment Chief Now Manages Evernorth’s 473M XRP

A former Coinbase Asset Management co-chief investment officer now directs Evernorth’s treasury, which held approximately 473 million XRP at closing. His appointment brings institutional trading experience to a Nasdaq-listed company pursuing active cryptocurrency investment strategies. An XRP treasury holding approximately 473 million tokens at closing now has a former Coinbase Asset Management executive directing its investment strategy. Evernorth Holdings Inc. (Nasdaq: XRPN) announced on Oct. 12 that it appointed Hugo Jeandesboz as chief investment officer . He reports to founder and CEO Asheesh Birla and oversees allocation, liquidity management, and active management of the company’s holdings.