Ex-XRP Treasury Reveals Exit From $5 Million Stake in Ripple

Former XRP treasury Evernorth disclosed in a new SEC filing that it exited its $5 million stake in Ripple through a private share buyback priced at $300 per share. The divestment removes a five-million-dollar position from Ripple’s cap table via a transaction conducted outside public markets. The disclosure follows Evernorth’s earlier role as a treasury vehicle tied to XRP holdings. The exit matters because private buybacks at stated per-share prices can reset valuation benchmarks for Ripple equity and signal shifting conviction among large holders. Watch for further SEC filings detailing Evernorth’s remaining XRP-related positions and any additional private share transactions that clarify Ripple’s implied valuation.