Evernorth

Capital Has A New Meridian

Evernorth is a purpose-built digital asset treasury that gives investors exposure to tomorrow’s markets.

Supporters

Ripple logo
SBI Holdings logo

Team

Asheesh Birla

Chief Executive Officer

As Chief Executive Officer, Asheesh leads Evernorth’s overall vision, strategy, and growth. He is an entrepreneur and blockchain executive with over 25 years of experience in Silicon Valley, including board roles at Ripple, MoneyGram, Bitso and other fintech startups. At Ripple, he helped launch its first enterprise crypto product and scale the company from startup to over 1,000 employees. Asheesh holds an M.B.A. from the Wharton School at the University of Pennsylvania and a Bachelor’s degree from the University of Michigan. He also guest lectures on entrepreneurship and blockchain. 

Sagar Shah

Chief Business Officer

As Chief Business Officer, Sagar oversees partnerships, product commercialization, and ecosystem strategy. He began his career in investment banking, private equity and corporate development, and has spent the majority of the past decade in the XRP ecosystem. At Ripple, he helped scale blockchain based cross-border payments, led the acquisition of digital asset custody platform Metaco, and helped launch the Ripple stablecoin (“RLUSD”). Sagar holds an M.B.A. from the Wharton School at the University of Pennsylvania and a Bachelor’s degree from the Stephen M. Ross School of Business at the University of Michigan.

Matt Frymier

Chief Financial Officer

As Chief Financial Officer, Matt oversees Evernorth’s financial strategy and operations. Over the course of his career in investment banking, asset management, and fintech leadership, he has served on the board of directors for over 15 companies and as Chairman of the Chicago Stock Exchange. He spent 20 years at Bank of America Merrill Lynch and affiliates as head of the Global Strategic Capital division where he managed over $8 billion of balance sheet capital. Matt holds a Bachelor’s degree from Colby College.

Jessica Jonas

Chief Legal Officer

As Chief Legal Officer, Jess leads Evernorth’s legal and regulatory strategy. After practicing commercial litigation and clerking in the Eastern District of New York, she held senior roles at Gemini and American Express, and served as Chief Legal Officer of the Bitcoin Legal Defense Fund. Jess has been instrumental in shaping regulatory frameworks for digital assets and has extensive experience advising companies across the blockchain ecosystem. Jess holds a J.D. from UNC School of Law and a Bachelor’s degree from Wesleyan University.

Meg Nakamura

Chief Operating Officer

As Chief Operating Officer, Meg drives Evernorth’s operational excellence, go-to-market strategy, and organizational growth. Her career spans consulting, venture capital, and entrepreneurship. A fintech pioneer with two decades of financial services expertise, she brings deep experience in building and scaling payment technologies. She founded and led Apto Payments as CEO, where she built the card infrastructure and payment processing platform for major fintech companies including Coinbase and Venmo. She holds a Bachelor’s degree from Princeton University.

Advisors

Brad Garlinghouse

Ripple CEO

David Schwartz

Ripple CTO

News

Evernorth to Go Public With Over $1 Billion in Gross Proceeds

PR Newswire

Ripple-backed Evernorth set to raise over $1 billion in US listing to hoard XRP token

Reuters

Midas and Axelar launch mXRP, a tokenized XRP product, targeting up to 8% base yield

The Block

DBS, Franklin Templeton, Ripple team up on tokenised money market fund trading

Reuters

XRPL EVM Sidechain Goes Live, Unlocking Ethereum Dapps in XRP Ecosystem

Coindesk