Evernorth

Press Release | 21 Jan, 2026

Evernorth Announces Strategic Collaboration with t54

Evernorth is pleased to announce a strategic collaboration with t54, set to become the world's largest institutional XRP digital asset treasury.

Institutional Treasury at Scale

Evernorth is raising over $1 billion to build the largest institutional XRP treasury. Unlike passive ETFs, Evernorth will actively grow its holdings through institutional lending, liquidity provisioning, and DeFi yield strategies on the XRP Ledger.

Operating at this scale introduces complexity. Treasury operations require constant monitoring across multiple protocols, rapid execution of yield strategies, and precise risk management—often in volatile market conditions.

The Rise of Autonomous Operations

AI-powered agents are increasingly positioned to assist these operations—executing strategies, managing liquidity positions, and responding to market conditions in real time. For institutional treasuries, this isn't a future possibility; it's becoming operational reality.

As Evernorth looks to embrace AI-powered operations, the right infrastructure becomes essential. How do you verify agent actions before settlement? How do you assess risk in real time? How do you maintain compliance and auditability across autonomous workflows?

The Collaboration

This is where t54 comes in. Evernorth intends to integrate t54's agentic finance infrastructure and trust layer to power their autonomous treasury operations on XRPL—bringing verification, risk assessment, and compliance to AI-powered treasury management.

This collaboration extends beyond a single product integration. Both teams will also collaborate on developing new products for the XRPL ecosystem.

Forward-Looking Statements

This announcement contains forward-looking statements, including statements regarding the strategic collaboration with t54, the potential integration of AI-powered and autonomous treasury operations, and the anticipated benefits of agentic finance infrastructure. These statements are subject to risks and uncertainties that could cause actual results to differ materially. For a full discussion of forward-looking statements, risk factors, and important legal disclosures, visit Evernorth’s website here.

About Evernorth

Evernorth is a digital asset treasury company backed by Ripple, SBI, Pantera Capital, Kraken, and GSR. Led by CEO Asheesh Birla, Evernorth is set to list on Nasdaq under the ticker XRPN following its SPAC merger with Armada Acquisition Corp II, expected to close in Q1 2026. Evernorth will provide institutional investors regulated exposure to XRP while actively growing XRP per share through yield strategies, ecosystem participation, and capital markets activities.

About t54

t54 is building the trust layer for agentic finance. Our infrastructure enables secure, verifiable, and compliant autonomous transactions—providing identity verification, real-time risk assessment, and compliance frameworks for institutions operating autonomous financial agents at scale.