A noteworthy development concerning Evernorth, a business with strong ties to the XRP ecosystem, has been highlighted by cryptocurrency analyst X Finance Bull after Asheesh, the company’s CEO, confirmed plans to expand into South Korea and Japan.
According to the tweet, the confirmation came directly from the CEO during a recent podcast appearance, removing speculation and placing the expansion plans firmly on record.
The statement positions the move as a deliberate strategy, emphasizing that Evernorth views these markets as central to its next phase of growth.
🚨🚨🚨 EVERNORTH IS TAKING $XRP TO JAPAN AND KOREA.
This isn't a rumor. The CEO Asheesh confirmed the expansion plan in a recent podcast.
Here's why this matters 👇
Evernorth is Ripple-backed. Brad Garlinghouse and David Schwartz sit on the advisory board. They've already… pic.twitter.com/Pk0jbzglaR
— X Finance Bull (@Xfinancebull) January 27, 2026
Ripple-Backed Structure and XRP Positioning
X Finance Bull’s commentary highlights Evernorth’s institutional profile, noting that the company is Ripple-backed and supported by prominent figures within the XRP ecosystem.
Brad Garlinghouse and David Schwartz are identified as members of Evernorth’s advisory board, which is said to align the firm with XRP-related infrastructure and long-term strategy
The tweet further states that Evernorth has already accumulated a substantial XRP treasury position, suggesting that the company’s expansion plans are closely tied to its confidence in XRP’s role within cross-border finance and digital asset markets.
Role of SBI Holdings in Regional Expansion
A central element of the reported expansion is the involvement of SBI Holdings, described as a key backer of Evernorth and a major supporter of XRP adoption in Japan.
The tweet references SBI’s existing use of XRP in remittance services through platforms such as MoneyTap and SBI Remit, presenting this established infrastructure as a foundation for Evernorth’s entry into the Japanese and Korean markets.
In the attached video, the speaker underscores that having SBI as a backer is expected to accelerate expansion efforts, particularly due to SBI’s regional influence and experience operating within local regulatory and business environments.
Japan and Korea as High-Liquidity XRP Markets
X Finance Bull emphasizes that Japan and South Korea were not chosen arbitrarily. Both jurisdictions are described as markets where XRP is the second most traded digital asset after Bitcoin, reflecting deep liquidity and widespread retail familiarity.
In the video, the speaker reiterates that XRP’s popularity in these countries is second only to Bitcoin, framing this as a critical factor in Evernorth’s decision-making. The presence of existing trading volume and market awareness is portrayed as reducing barriers to entry for institutional-focused initiatives.
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Building an Institutional Layer on Existing Demand
The tweet characterizes Evernorth’s strategy as building an institutional layer on top of already established retail demand. According to both the written commentary and the video remarks, the company intends to leverage local partners and on-the-ground resources in Japan and Korea to execute this plan effectively.
The speaker stresses the importance of local relationships in these jurisdictions, noting prior business experience in Japan and describing SBI as a valuable partner in navigating regional markets.
X Finance Bull concludes that the confirmation of these plans marks a defining moment for institutional XRP adoption, urging observers to recognize the significance of the development as it unfolds.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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