Evernorth CEO Says Crypto Treasury Firms Must Move Beyond Hoarding, Backs XRP Ledger Tokenization

Evernorth CEO Asheesh Birla says the era of digital asset treasury (DAT) companies simply accumulating cryptocurrencies is coming to an end.He argues that firms now need sustainable

• Evernorth CEO Asheesh Birla advocates for a shift from simple crypto accumulation to revenue generation through tokenization and DeFi, particularly on the XRP Ledger (XRPL).
• Birla highlights XRPL's strengths for tokenization, noting its growth to $2 billion in tokenized assets and institutional interest from firms like Guggenheim and Franklin Templeton.
• The company plans to expand its XRP-based financial services, focusing on lending and asset management, and sees South Korea as a key market for future growth.

Topics: Institutional adoption, Integration with defi, Blockchain usage, Asset manager initiatives, Rwa collateral lending, Ethereum evm l 1 s

Tags: #evernorth #asheshbirla #tokenization #xrpledger #rwa #defi #digitalassettreasury #yieldgeneration #southkorea #xrpl

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