Ripple Contributes Over 126 Million XRP to Pathfinder Digital Assets Ahead of Evernorth Nasdaq Listing
Ripple contributed approximately 126.79 million XRP to Pathfinder Digital Assets in connection with Evernorth's merger completion on October 9, with a separate contribution of 50 million XRP linked to a Ripple co-founder. Evernorth is reported to be listing on the Nasdaq exchange within days of the announcement. The combined transfer represents a significant institutional-scale XRP movement tied to a concrete corporate event.
Ripple contributed approximately 126.79 million XRP to Pathfinder Digital Assets, coinciding with the completion of Evernorth's merger on October 9. The contribution was reported in connection with Evernorth's planned listing on the Nasdaq exchange, which was described as imminent at the time of reporting.
Separately, an entity associated with a Ripple co-founder made an additional contribution of 50 million XRP to the same vehicle. The two transfers, if combined, represent a total of nearly 177 million XRP directed toward Pathfinder Digital Assets through the Evernorth transaction.
The event is notable as a documented, institutional-scale XRP movement tied to a specific corporate merger and a public market listing. It illustrates continued on-chain activity by Ripple-affiliated parties in the context of structured financial transactions rather than open-market sales.
Key facts
- •Ripple contributed approximately 126.79 million XRP to Pathfinder Digital Assets
- •Contribution linked to Evernorth completing its merger on October 9
- •Evernorth was preparing to list on the Nasdaq exchange
- •A Ripple co-founder-linked entity contributed a separate 50 million XRP
- •Combined XRP transfers total approximately 176.79 million XRP