XRP Evernorth, the Ripple-backed treasury company building an XRP-denominated balance sheet ahead of a Nasdaq listing under the ticker XRPN, appointed Robert Kaiden, CFO of the OpenAI Foundation, and Derar Islim, COO of Antalpha, as independent directors. Kaiden's appointment connects the company to a senior finance executive at OpenAI, while Islim brings exchange infrastructure expertise through Antalpha, a firm focused on mining and crypto asset management. The board additions come as XRP Evernorth positions itself as a publicly traded vehicle for institutional XRP exposure, joining a broader race among asset managers to launch tokenized and listed crypto products. The Ripple-linked appointments follow Ripple's legal dispute with the SEC moving toward resolution, which has driven sharper institutional interest in XRP-linked products.
XRP Evernorth names OpenAI Foundation CFO Robert Kaiden to its board ahead of planned Nasdaq listing

Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce.
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