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Evernorth Adding Ripple Legal Chief to Board Ahead of XRP Treasury Push

By bitcoin.com
May 7, 2026
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Key Takeaways:

Evernorth named new board members and executives ahead of its planned public listing.Ripple’s legal chief, Stuart Alderoty, is expected to join the board after closing.Company leaders plan to offer regulated XRP exposure through an active treasury model.
Evernorth Expands Leadership Team

“As Evernorth prepares to operate as a public company, we are building a leadership team with the institutional credibility this model requires.”

Evernorth Builds Public XRP Strategy

The XRP-focused treasury company also identified several other expected board members and executive hires whose backgrounds span finance, risk, communications, and digital assets. Dr. Derar Islim is expected to bring experience in digital asset market structure and institutional credit from roles at Antalpha and Genesis Global Trading. Ted Janus adds more than 30 years of investment experience, including work at J Capital and Palo Alto Investors. Robert Kaiden brings financial leadership experience from roles including Chief Financial Officer of the OpenAI Foundation and former Chief Accounting Officer of Twitter. On the executive side, Boris Kapeller was appointed Chief Risk Officer, while Charles Stewart was appointed Chief Communications Officer.

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