Evernorth, a digital asset treasury firm backed by Ripple and SBI Holdings, has established a strategic partnership with Doppler Finance (Doppler), a prominent XRPfi infrastructure provider. The collaboration will explore potential support for the XRP Ledger (XRPL), focusing on the design and piloting of institutional liquidity and treasury applications on the XRPL.
By deepening the integration between one of the largest public XRP treasury companies and a core on-chain infrastructure provider, the partnership focuses on the convergence of traditional finance and XRPL-native financial systems. The collaboration makes the XRPL ecosystem more institution-friendly and sustainable.
Under the collaboration, the entities are exploring institutional liquidity deployment frameworks that may support treasury management activities on the XRPL, including the evaluation of on-chain products and mechanisms for deploying XRP capital at scale.
The partnership’s goal is to set up the commercial, operational, and technical foundation needed for long-term participation. This setup will allow big investors (institutional capital) to get involved in an organized way, using Doppler’s high-quality, reliable system.
“The next phase of XRPL adoption will be driven by institutions that demand clarity, structure, and real economic utility,” said Asheesh Birla, CEO of Evernorth. “By collaborating with Doppler, we are advancing practical frameworks for deploying institutional XRP liquidity onchain, with the goal of setting a higher standard for how XRP is used, managed, and scaled across global markets.”
This move will also coordinate strategic communications and market-facing initiatives, including joint announcements, publications, and offline engagements, while continuing to pursue global market expansion efforts targeting both institutional and retail participants.
“Working with Evernorth represents a meaningful step forward in expanding institutional participation across the XRP Ledger,” said Rox Park, Head of Institutions at Doppler Finance.
By aligning institutional liquidity with robust infrastructure and disciplined risk frameworks, we aim to unlock XRP’s full potential as a scalable, yield-generating asset for global markets.
Rox Park, Head of Institutions at Doppler Finance
This collaboration reflects the mutual commitment to position XRP as a key asset within a transparent and institutionally compatible on-chain structure with the goal to merge traditional finance standards with advanced, blockchain-based infrastructure.
