According to Evernorth Holdings, Stuart Alderoty, Ripple’s Chief Legal Officer, joined the company’s board this week as one of four new directors. Alderoty brings over 40 years of legal and regulatory experience across major U.S. financial institutions including HSBC, American Express, and CIT Group. The Nevada-based firm is preparing for a Nasdaq listing under the ticker XRPN and holds approximately 473 million XRP in treasury reserves, valued at roughly $656 million, making it one of the largest XRP-focused treasury entities ahead of its public market debut.
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