Evernorth has made a significant and bold investment by raising an impressive $1 billion, which will be strategically utilized to promote and enhance the adoption of XRP within institutional frameworks. This move not only underscores Evernorth's confidence in the potential of XRP as a transformative digital asset but also reflects a broader commitment to facilitating increased participation in the cryptocurrency market by institutional players. As the company seeks to bolster the infrastructure and services necessary for securely integrating XRP into mainstream financial systems, this substantial capital raise marks a pivotal step towards achieving widespread acceptance and utilization of this innovative technology.
source: https://blocknews.com/evernorth-bets-big-on-xrp-1-billion-raised-to-fuel-institutional-adoption/