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Evernorth steps up Japan push as XRP faces institutional adoption test

Treasury firm Evernorth is stepping into Japan as it accelerates an XRP-based treasury strategy. It opened a Japan-focused X account and began local communication, saying Japan was an early supporter of XRP. The company said it will analyse market moves from its own perspective but will not discuss price. Evernorth is seeking more than $1 billion and plans a Nasdaq listing under the ticker XRPN, with SBI Holdings joining as a $200 million anchor investor.