The Ripple-backed XRP treasury company says it expanded its board with Stuart Alderoty and Robert Kaiden as it builds an XRP-denominated balance sheet ahead of a planned Nasdaq listing.
Evernorth, described as a Ripple-backed XRP treasury company, said it expanded its board by appointing new directors including Ripple Chief Legal Officer Stuart Alderoty and Robert Kaiden, whom the source identifies as chief financial officer of the OpenAI Foundation and also as a former Twitter executive. The older topic says four directors were added, while the newer topic says two senior executives were appointed, creating a discrepancy in the reported number of appointments. According to the reports, the board expansion is intended to create a more robust and balanced governance structure as the company develops an XRP-denominated balance sheet and prepares for a planned Nasdaq listing.