Asheesh Birla
Asheesh Birla is a fintech and digital asset executive who worked at RippleRippleRipple is an American fintech company, legally named Ripple Labs Inc., that provides banks, payment providers, funds, and businesses with blockchain- and digital asset-based cross-border payments, digital asset custody, a U.S. dollar stablecoin, prime brokerage, and corporate treasury management services. Its business makes extensive use of the public XRP Ledger blockchain and its native token XRP, but neither is the same as the company itself; from 2020 to 2025, the company fought a nearly five-year legal battle with the U.S. Securities and Exchange Commission over whether its XRP sales were unregistered securities offerings.Open the full entry from 2013 to 2022, including as general manager of RippleNet, and is the founder and chief executive officer of the XRP treasury company EvernorthEvernorthEvernorth (Evernorth Holdings Inc.) is a San Francisco-based digital asset treasury company holding XRP, led by former Ripple executive Asheesh Birla, which listed on Nasdaq under the ticker “XRPN” in October 2026 through a merger with the special purpose acquisition company Armada Acquisition Corp. II.Open the full entry.
Contents10 sections
Key facts
2002Graduating From the University of Michigan
Birla received a bachelor of science degree from the University of Michigan in 2002 and also holds an MBA from the Wharton School of the University of PennsylvaniaUniversity of PennsylvaniaThe University of Pennsylvania, commonly called Penn, is a private research university and Ivy League member in Philadelphia. It traces its origins to a 1740 charity-school project; Benjamin Franklin proposed his academy in 1749, classes began in 1751, and a 1791 merger established the institution under its present name. Penn has 12 schools, with undergraduate education concentrated in arts and sciences, engineering, nursing and Wharton. Enrollment totaled 29,384 in fall 2025, and the fiscal 2025 endowment was $24.81 billion. As of October 2026, J. Larry Jameson was president, with his term scheduled to end on June 30, 2027.Open the full entry.[1]
2005–2010Working at Thomson Reuters
Early in his career he founded a content management company in Silicon Valley that was later acquired by Thomson ReutersThomson ReutersThomson Reuters (Toronto Stock Exchange and Nasdaq symbol TRI) is a content and technology company headquartered in Toronto, Canada, that provides information, software, and AI products to professional fields including legal, tax, accounting, compliance, government, and media, and owns the news agency Reuters. The company was formed after The Thomson Corporation acquired Reuters Group PLC in 2008, and Woodbridge, the Thomson family’s private investment company, is its controlling shareholder.Open the full entry; in 2005 he became vice president of global technology at Thomson Reuters, and he left the company in 2010.[2][3]
After leaving Thomson Reuters, he advised and led product design at several Silicon Valley startups, including serving as director of product at the education technology company Kno, which was later acquired by IntelIntelIntel is a semiconductor company headquartered in Santa Clara, California, founded by Robert Noyce and Gordon Moore in 1968; it introduced the 4004 microprocessor in 1971, its x86 processors have long powered personal computers, it has pursued a foundry strategy since 2021, and Lip-Bu Tan has been its chief executive officer since 2025.Open the full entry.[3][4]
2013Joining Ripple
2018Named to Fortune’s “Ledger 40 Under 40”
October 2020Becoming General Manager of RippleNet
June 2022Stepping Down From Day-to-Day Role and Joining Ripple’s Board
In June 2022, he announced that he was leaving his day-to-day role at Ripple after nine years and joining Ripple’s board of directors; Monica Long took over leadership of RippleNet and RippleX.[6]
October 20, 2025Becoming CEO of Evernorth
On October 20, 2025, the XRP treasury company Evernorth announced plans to go public through a merger with the special purpose acquisition company Armada Acquisition Corp. II, with Birla as chief executive officer; he left Ripple’s board to join Evernorth’s board. The company said he had helped build and scale Ripple’s cross-border payments business.[7][8]
October 2026Evernorth Completes Its Merger and Lists
On October 9, 2026, Evernorth announced the completion of the merger and expected to begin trading on Nasdaq under the ticker “XRPN” on October 12; the announcement described Birla as the company’s founder and chief executive officer.[9]
Related Organizations, Websites, and Public Accounts
Evernorth: Official website: https://www.evernorth.xyz/ (opens in a new window)[10]
Ripple: Official website: https://ripple.com/ (opens in a new window)[3]
X: Public account: https://x.com/ashgoblue (opens in a new window)[10]
LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Public profile: https://www.linkedin.com/in/asheeshbirla/ (opens in a new window)[10]
Sources
- MONDAY DEC 1: Meet Apple & Crypto Trailblazers: Exclusive Q&A with U-M Alumni! (opens in a new window)
- Asheesh Birla (opens in a new window)
- Ripple Leader - Asheesh Birla (opens in a new window)
- Asheesh Birla (opens in a new window)
- Ripple rebrands Xpring to RippleX as it reappoints key leaders (opens in a new window)
- RippleNet's General Manager Is Stepping Down (opens in a new window)
- Ripple-backed Evernorth set to raise over $1 billion in US listing to hoard XRP token (opens in a new window)
- Evernorth to Go Public With Over $1 Billion in Gross Proceeds (opens in a new window)
- Evernorth Completes Business Combination with Armada Acquisition Corp. II (opens in a new window)
- Evernorth (opens in a new window)