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XRP Fund Management Company Evernorth highlights its leadership team, which includes strategic advisor Ripple CEO Brad Garlinghouse and executives Stuart Alderoty and David Schwartz. The company was established in October last year through a $1 billion transaction, supported by SBI, Ripple, and other institutions, and uses net proceeds to purchase XRP on the open market. Additionally, RippleX urges users to upgrade the XRPL to version 3.0.0 to fix a vulnerability in TokenEscrow. XRP price surged 11% to $2.41, with $48 million in capital inflows into the US spot ETF.