Evernorth and Doppler Finance Collaborate to Power Institutional XRP Infrastructure
Doppler Finance has entered into a strategic collaboration with Evernorth, an XRP digital asset treasury company supported by Ripple and SBI Holdings, to explore potential institutional liquidity and treasury use cases on the XRP Ledger (XRPL).
This collaboration reflects a closer alignment between a large-scale XRP treasury operator and an onchain infrastructure provider, with the objective of examining how institutional capital may engage with XRPL-native systems.
About this Collaboration
As part of this collaboration, Evernorth and Doppler are exploring initiatives designed to support institutional participation in the XRPL ecosystem, including:
- Structured approaches to institutional liquidity deployment
- Potential onchain treasury management use cases
- Infrastructure considerations that may support long-term ecosystem sustainability
The collaboration includes an evaluation of onchain products and mechanisms that could support the deployment of XRP capital at institutional scale.
Doppler’s Role
Within the collaboration, Doppler contributes its institutional-grade infrastructure perspective, focusing on how structured participation from institutional capital may be supported on the XRP Ledger.
Discussions are centered on establishing commercial, operational, and technical foundations that could enable sustained engagement, rather than on the launch of any specific product or service.
This collaboration represents an exploratory phase and does not imply the immediate release of new offerings.
Market Engagement and Communications
Beyond infrastructure and liquidity considerations, the collaboration also includes coordinated strategic communications and market-facing initiatives, such as joint announcements, publications, and select offline engagements.
In parallel, Evernorth and Doppler intend to explore global market expansion efforts targeting both institutional and retail participants, with the goal of supporting broader adoption of XRPL-native financial infrastructure.
Closing
This collaboration reflects a shared interest in examining how XRP may be positioned within a transparent and institutionally aligned onchain framework on the XRP Ledger.
Evernorth and Doppler will continue to evaluate potential frameworks and use cases as discussions progress. Any further updates will be shared through Doppler’s official channels as appropriate.
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About Evernorth
At closing of a newly announced Business Combination Agreement with Armada II, Evernorth will be a publicly traded digital asset treasury that provides investors with exposure to XRP through a regulated, liquid, and transparent structure. Unlike ETFs, Evernorth intends to actively grow its XRP per share through a mix of institutional and DeFi yield strategies, ecosystem participation, and capital markets activities. For important information regarding forward-looking statements and where to find additional information, see: https://www.evernorth.xyz/press-release-10-20-2025
About Doppler Finance
Doppler Finance is leading XRPfi by introducing an institutional-grade yield infrastructure natively built on XRP Ledger. Our stack combines regulated custody, fully audited reserves, and strictly vetted yield strategies designed for safety and scale. We believe XRP should earn yield like any major asset, and we’re making that a reality, with unmatched clarity, control, and credibility. We are powering institutional yield infrastructure adopted by institutions and integrated by major exchanges and wallets,

