XRP’s next Wall Street expansion comes with an unexpected complication from Ripple

Kwon Crash

Published Oct 11, 2026, 8:44 PM UTC

Source: CryptoSource
- Evernorth is going Nasdaq with 473M XRP, promising "productive" yield instead of just moonboying. Cute. But here’s the twist: Ripple’s accounting rules force them to keep XRP at historical cost. So if XRP moons, their earnings stay flat. If it dumps, they take a hit. It’s a classic meat wallet trap where book value and reality refuse to shake hands. You’re buying a stock that ignores your profits until you sell. Classic bureaucracy. Don’t be the one holding the bag while the auditors sleep. Trade smart, or get liquidated by paperwork.