Crypto researcher BD published a detailed analysis on X revealing the existence of 11 active XRP treasury companies<\/strong> in the market. Evernorth is establishing itself as the future leader of this movement with its planned $1 billion fundraising<\/strong>. The company benefits from direct support from Ripple, who helped establish its initial XRP<\/a> reserves<\/strong> to create this institutional treasury.<\/p>\n\n\n\n Trident ranks second with $500 million in assets<\/strong>, followed by Webus holding $300 million<\/strong> in treasury. VivoPower has deployed $121 million<\/strong> to acquire XRP and plans to stake part of its tokens on Flare to generate passive yield. This staking strategy has become a recurring approach among several companies in the ranking.<\/p>\n\n\n\n Wellgistics occupies fifth place with $50 million invested in XRP<\/a><\/strong>, while Hyperscale and Everything Blockchain each hold $10 million<\/strong>. Japanese company Gumi<\/strong> plans to deploy $17 million<\/strong> between now and next February, while investing an additional $5 million<\/strong> in Evernorth’s PIPE. Worksport, BC Bud, and Digital Comm complete the picture with respective positions of $5 million<\/strong>, $250,000<\/strong>, and $225,000<\/strong>.<\/p>\n\n\n\n