XRP’s Institutional Shift Deepens as Treasury Holdings Exceed $2B

• XRP Treasury holdings now exceed $2B across 11 institutional entities, led by Evernorth and Trident.
• Pending XRP ETF filings and new crypto laws mark 2025 as a major shift toward regulatory clarity.
• Firms like Evernorth and VivoPower plan to stake XRP on Flare Network to enhance institutional yield.

XRP, the digital asset powering the XRP Ledger, continues to attract institutional attention due to expanding legal clarity and regulatory reforms. Since its launch in 2012, the token has enabled fast and low-cost cross-border transactions. Following years of legal uncertainty, 2025 has marked a turning point for Ripple and the broader XRP community.

Recent developments include favorable outcomes in Ripple’s long-running case with the U.S. Securities and Exchange Commission (SEC). Key charges were dismissed, easing long-standing regulatory concerns. Alongside this, the introduction of the GENIUS Act and progress on the CLARITY Act have strengthened the policy foundation for digital assets, especially stablecoins like Ripple’s RLUSD.

XRP ETF Applications Await SEC Decision

Speculation has intensified around the possibility of XRP exchange-traded funds (ETFs) gaining regulatory approval. Several applications are currently pending before the SEC, with expectations pointing to a decision in early autumn. Market analysts suggest that ETF approval could draw big liquidity from the open market, influencing trading volumes and pricing behavior.

The anticipation of ETF listings has already drawn cautious positioning from large investors, who appear to be preparing for possible price movement once institutional access broadens.

Growing Network of XRP Treasury Companies

XRP’s corporate treasury scene has expanded, now encompassing 11 entities collectively holding over $2 billion in XRP reserves. These include Ripple-backed Evernorth, with $1 billion, Trident, with $500 million, and Webus International, with $300 million.

Other participants include VivoPower with $121 million and Wellgistics with $50 million. Hyperscale and Everything Blockchain (EBZT) each manage $10 million in holdings, while Japan-based Gumi controls about ¥2.5 billion, equivalent to roughly $17 million. Smaller corporate treasuries include Worksport with $5 million, BC Bud with $250,000, and Digital Comm with $225,000.

Several of these firms, particularly Evernorth, VivoPower, and EBZT, plan to stake holdings on the Flare Network to generate yield.

With supportive legislation advancing and major ETF filings pending, XRP’s institutional positioning is expanding beyond payment use cases. The alignment of policy clarity, treasury adoption, and market anticipation underscores how 2025 may serve as a defining year for XRP’s financial integration.