Evernorth Names Hugo Jeandesboz Chief Investment Officer
Key Highlights
- ➤Hugo Jeandesboz named Evernorth chief investment officer, leading XRP treasury strategy
- ➤Evernorth issued 1,078,614 Class A shares to delayed funding subscribers
- ➤Corrected prior filing’s 663,510-share figure as a clerical error
- ➤Shares issued at $10.00 each against delayed funding subscriptions
Expert Statements
Asheesh Birla, Founder and Chief Executive Officer of Evernorth
“Hugo brings distinct experience that aligns with our active treasury strategy. The growth of tokenized real-world assets, along with recent XRP Ledger upgrades that are bringing lending and DeFi to XRP, are creating opportunities Evernorth was designed to pursue. Capturing them takes someone who has priced risk on institutional desks in both traditional and digital asset markets. That combination is rare, and Hugo has it.”
Hugo Jeandesboz, Chief Investment Officer of Evernorth
“The financial system is being rebuilt on programmable rails, and the XRP Ledger is becoming infrastructure where institutional capital can operate. Evernorth brings capital and public-market discipline to that shift at an early stage, and I look forward to building a treasury operation equal to the opportunity ahead.”
Former Coinbase Asset Management Co-Chief Investment Officer and Head of Solutions to lead XRP treasury strategy Evernorth also publishes updated number of shares issued to PIPE Delayed Funding Subscribers
SAN FRANCISCO, Oct. 12, 2026 (GLOBE NEWSWIRE) -- Evernorth Holdings Inc., (Nasdaq: XRPN), a digital asset treasury company building institutional access to the XRP economy at scale, today announced that Hugo Jeandesboz has joined Evernorth as Chief Investment Officer. Mr. Jeandesboz joins Evernorth from Coinbase Asset Management, where he served as Co-Chief Investment Officer and led the firm's Solutions investment strategies. He reports to Founder and Chief Executive Officer Asheesh Birla.
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