[DigitalToday reporter Jinju Hong] Evernorth is considering ways to apply artificial intelligence (AI) to XRP treasury operations to upgrade its risk management framework, blockchain outlet The Crypto Basic reported on April 7 (local time).

Ashish Birla (아쉬시 비를라), Evernorth's CEO, said in a podcast conversation with Chandler Pang (챈들러 팡), co-founder of t54 Labs, that treasury organisations put stability ahead of innovation. He said the priority is handling core tasks, such as payroll, without disruption.

Birla also mentioned the risks of uncontrolled autonomous AI. He cited an anecdote involving a Meta safety staffer, saying, "An AI agent behaved unpredictably and deleted her entire email account." He warned that risks could grow if insufficiently controlled autonomous AI is applied to financial operations.

He said the speed of cryptocurrencies could also be a risk factor. While blockchain reduces delays in moving funds, he said transactions happen instantly, leaving less time to reverse errors or misuse. Birla said that the faster money moves, the more limited the scope for corrections after the fact.

Pang, on the other hand, leaned toward moving forward cautiously rather than delaying adoption. He said tools from OpenAI and Anthropic are already advancing quickly, and that AI could instead reduce risk. He also cited Tesla Autopilot, saying some insurers lower premiums because data show humans make more mistakes than machines.

Evernorth describes itself as the "Strategy of XRP" and has set out a goal of building and operating the largest publicly listed company or institutional XRP treasury. It plans not just to hold the asset but to manage it actively to increase its value over time.

The company announced in October 2025 a plan to merge with Nasdaq-listed SPAC Armada Acquisition Corp II (AACI). It decided to raise at least $1 billion from institutional investors and deploy most of it into XRP investments. As of November 2025, completed purchases total about $214 million. Its holdings, including purchased and committed amounts, total 473,276,430 XRP, about 0.473 percent of total supply.

Its operating strategy includes participating in XRP liquidity pools using Ripple's RLUSD, XRP lending, providing automated market maker liquidity, covered calls and selling cash-secured puts. Evernorth filed an S-4 with the U.S. Securities and Exchange Commission on March 18 and is proceeding with the SPAC merger process.