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: XRPN
By Jake Simmons Evernorth CEO Ashish Birla said the firm is preparing for a Q1 2026 IPO on Nasdaq, pitching the listing as a simplified, public-markets route for institutions to gain exposure to XRP without building the custody, compliance, and security stack themselves. Speaking on Nasdaq’s Live from MarketSite on Jan. 15 with host Kristina […]
By Marco Piccolo Key highlights: Evernorth Holdings announces merger with Armada Acquisition Corp II to form XRPN, a publicly traded XRP treasury company The deal aims to raise over $1 billion, with $200 million committed by SBI and support from Ripple, Pantera, Kraken, and others XRPN will actively manage XRP holdings via lending, DeFi, and […]