EverNorth Holdings is listed on Nasdaq and focuses on an XRP treasury. It plans to hold approximately 473 million XRP, valued at about $657 million, and says it will become the world’s largest publicly listed XRP treasury. The company has appointed Hugo Jeandesboz as chief investment officer to advance its treasury strategy, actively manage its XRP holdings, and generate additional revenue through DeFi. XRP is currently priced at approximately $1.371, with a market capitalization of about $87.3 billion, ranking among the top five.

Summary: Ripple paid a $250k bug bounty after a critical XRP Ledger flaw; experts warned it could have spawned 18 trillion XRP. No exploitation detected, and the firm bypassed a voting process to push the fix. Abstract: The article discusses Ripple's $250,000 reward for uncovering a critical XRP Ledger vulnerability. It notes warnings from crypto researcher ZachXBT that the flaw could have produced about 18 trillion XRP, vastly exceeding the token’s supply cap. Developers found no evidence of exploitation before the patch, and RippleX delivered the fix directly to validators on September 25, bypassing the standard two-week voting process. The piece also reflects concerns that the relatively small reward may deter responsible disclosure and encourage exploitation instead.

BlockBeats reported on October 12 that Evernorth Holdings (XRPN) listed on Nasdaq today, with its share price rising as much as 13.43% and currently up approximately 1.49%. The company plans to hold approximately 473 million XRP, worth about $657 million at the current price, and says it will become the world’s largest publicly listed XRP treasury. It appointed Hugo Jeandesboz, former co-chief investment officer of Coinbase Asset Management, as CIO to oversee treasury strategy and liquidity management, and plans to generate additional returns through DeFi. XRP is currently priced at approximately $1.371, with a market capitalization of about $87.3 billion, ranking fifth among cryptocurrencies by market capitalization.