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XRP Price at $1.37 Leaves Evernorth’s $214M XRP Buy 46% Underwater

News.Bitcoin.com
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XRP Price at $1.37 Leaves Evernorth’s $214M XRP Buy 46% Underwater

Evernorth named former Coinbase Asset Management co-CIO Hugo Jeandesboz to run its 473 million XRP treasury on debut day, and XRPN still closed at $16.91, 68% below its $53 high. The Hire Nobody Was Pricing in Evernorth used its first day as a Nasdaq-listed company to name Hugo Jeandesboz as its chief investment officer (CIO). […]

Key Takeaways

  1. Evernorth named former Coinbase Asset Management co-CIO Hugo Jeandesboz to run its 473 million XRP treasury on debut day, and XRPN still closed at $16.91, 68% below its $53 high.
  2. The Hire Nobody Was Pricing in Evernorth used its first day as a Nasdaq-listed company to name Hugo Jeandesboz as its chief investment officer (CIO).
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.