According to its October 30 SEC registration statement, Evernorth Holdings has registered approximately 73.7 million Class A shares for potential resale, with major cryptocurrency investors including Ripple and venture funds facing decisions on future selling opportunities.
Arrington XRP Capital Fund accounts for approximately 33.82 million registered shares, making it the largest named holder, followed by Ripple Labs with 18.14 million shares. Four SBI-affiliated entities collectively hold approximately 11.79 million shares, while the Larsen Lam Children's Remainder Trust (associated with Ripple co-founder Chris Larsen) is listed with 7.15 million shares. Other investors in the registration include Pantera Capital, GSR Markets, Kraken parent Payward and gumi. Notably, only 19.1 million shares are already issued and outstanding as Class A common stock; the remainder could become available through conversions, exchanges and warrant exercises.