Evernorth Taps AI with t54 Labs to Boost XRP Treasury Yields

Core Insights - Evernorth, an XRP treasury firm, is partnering with t54 Labs to utilize AI technology for increasing reserves and generating yields on the XRP Ledger [1][3] - The company aims to raise over $1 billion to create the largest institutional XRP treasury, focusing on active expansion through institutional lending and DeFi yield strategies [2][4] Company Strategy - Evernorth plans to implement smart yield strategies that involve continuous oversight and fast execution across multiple protocols, supported by AI agents for real-time strategy execution and liquidity management [3] - The collaboration with t54 Labs will provide verification, risk assessment, and compliance tools to enhance AI-driven treasury management [4] Market Context - The trend of yield generation and staking among crypto treasury firms is gaining traction, with expectations that crypto treasuries could increase nearly fivefold by 2026 [4] - Ripple is also expanding its reach into traditional banking by partnering with DXC Technology to integrate blockchain solutions with conventional banking infrastructure, supporting over 300 million deposit accounts globally [5][6]