SBI Holdings has secured 9.43 million shares in Evernorth Holdings' XRP treasury, according to a Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on October 12.

The filing arrived as Evernorth Holdings completed its first full Nasdaq trading session as a public company, and it settles the question that has hung over the vehicle since the merger closed: who actually owns the XRP treasury. Because the answer now sits in a regulatory filing, market participants can read the ownership structure directly from the SEC record rather than piecing it together from announcements alone.

Evernorth is a digital asset treasury company focused on XRP, the token associated with blockchain payments firm Ripple. Publicly traded treasury vehicles of this kind hold digital assets on their balance sheets, offering stock-market investors indirect exposure to the underlying asset.

A Form 8-K is the report that U.S.-listed companies file with the SEC to disclose material corporate events, and the October 12 filing put the ownership structure of the newly listed treasury company on the public record. For a company that has just begun trading, that record serves as a documented baseline, and material developments going forward would surface through the same SEC reporting channel.

SBI Holdings, a Tokyo-listed financial services group, is one of Ripple's longest-standing institutional partners. It operates the long-running SBI Ripple Asia joint venture and maintains a broad digital asset business spanning trading, custody, and related financial services. The disclosed shareholding ties that partnership history directly to the treasury vehicle itself, placing SBI among the shareholders of a Nasdaq-listed company whose treasury is focused on the token associated with Ripple.

This content was first published on COINOTAG: https://en.coinotag.com/sbi-holdingsnorth-xrp-treasury-shares