By Vuk Martin If you’ve ever wanted XRP exposure without managing wallets, private keys, or exchange accounts, Evernorth is built for that exact itch. It’s positioning itself as an XRP treasury company for institutions. This means it holds a large reserve of XRP and wraps that exposure in a familiar stock format. Why do people […]
Tag: SPAC
By Emir Abyazov Key highlights: Twenty One Capital dropped nearly 20% on its first trading day despite holding more than 43,500 BTC. Investor caution grew as the company launched without revealing a clear operating business model. Big names like Tether and SoftBank are backing the firm, raising expectations for its future strategy. Shares of Twenty […]
By Marco Piccolo Key highlights: Ripple Labs is reportedly planning to raise at least $1 billion through a SPAC to support a new XRP-focused digital asset treasury (DAT). The initiative would involve both newly acquired XRP and a portion of Ripple’s existing holdings, aiming to stabilize XRP’s supply dynamics. The move coincides with Ripple’s $1 […]