DeFi

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<p>Asheesh Birla, the CEO of <a href="https://x.com/thinkingcrypto/status/2113603403783774611" rel="noopener noreferrer nofollow">Evernorth Holdings Inc</a>., revealed why the Nasdaq-listed digital asset treasury firm chose XRP over Bitcoin. In the recent interview with the Thinking Crypto podcast, Birla emphasized that <a href="https://zycrypto.com/tag/xrp/" rel="noopener noreferrer nofollow">XRP</a> is playing an increasingly vital role in on-chain finance.</p>
<figure class="wp-block-image size-full is-resized"><img width="630" height="298" src="https://zycrypto.com/wp-content/uploads/2026/10/image-40.png" alt="" style="aspect-ratio:2.1152542372881356;width: 100%;height:auto">
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<h2 id="h-bitcoin-vs-xrp-birla-speaks-out" class="wp-block-heading"><strong>Bitcoin vs XRP, Birla speaks out</strong></h2>
<p>On the Thinking Crypto podcast on Thursday,&nbsp;Asheesh Birla&nbsp;explained why the company chose XRP as the foundation of its digital asset treasury strategy, not Bitcoin.&nbsp;</p>
<p>Although the CEO recognized Bitcoin’s massive value, he pointed out that the asset has little on-chain mobility.&nbsp; “With BTC, you can move, you can hold, but you can’t really do much on-chain,” he explained.</p>
<p>The executive further said the world is moving toward on-chain, and <a href="https://zycrypto.com/how-xrp-is-filling-the-cash-gap-south-korea-debuts-stock-market-on-the-xrp-ledger-as-ripple-expands/" rel="noopener noreferrer nofollow">XRP</a> plays a substantial role in that process. He said that shift has encouraged financial institutions to tokenize assets and evaluate blockchain’s ability to trade global finance with greater security and efficiency.&nbsp;</p>
<p>Although <a href="https://zycrypto.com/could-bitcoin-jump-significantly-after-the-u-s-midterms-heres-what-can-happen/" rel="noopener noreferrer nofollow">Bitcoin</a> has paved the way by showing that digital assets can deliver value, Birla is convinced XRP is the top choice for onchain finance and RWA tokenization.</p>
<h2 id="h-why-he-believes-xrp-is-the-best-bet" class="wp-block-heading"><strong>Why he believes XRP is the best bet</strong></h2>
<p>In the podcast, Birla shared the outlook on XRP’s long-term capability, institutional adoption, and its rising role in the global financial ecosystem. He noted that Bitcoin treasury strategies (like MicroStrategy and others) are more passive, as they simply buy and hold BTC on their balance sheet. He said XRP is quite different, as Evernorth plans to generate risk-adjusted yields from its XRP holdings through TradFi strategies and burgeoning on-chain networks.</p>
<p>Evernorth’s CEO expects DeFi applications, lending, and vaults on the <a href="https://zycrypto.com/xrp-ledger-flips-ethereum-to-become-new-king-of-tokenized-commodities-as-xrps-utility-story-heats-up/" rel="noopener noreferrer nofollow">XRP Ledger</a> to attract institutional money and broaden XRP liquidity. He said the company’s Nasdaq listing is a significant achievement for XRP. He said the company plans to allocate its 473 million XRP holdings gradually to institutional lending and on-chain earning opportunities, prioritizing security, liquidity, and long-term returns.</p>

Evernorth CEO Explains Why He Chose XRP Over Bitcoin

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