By Aliyu Pokima Key highlights: Evernorth shareholders approved the business combination, clearing a key hurdle ahead of its planned Nasdaq debut under XRPN. Evernorth expects to hold approximately 473 million XRP and has raised more than $1 billion through the transaction and related private placements. The company expects to close the deal on October 7 […]
Tag: XRPN
By Michael Adeleke Key highlights Evernorth raised $30 million in convertible notes from NH Investment & Securities The funds will be used to purchase XRP for its treasury The deal also depends on Evernorth’s SPAC merger with Armada Acquisition Corp. II going through Evernorth, an investment vehicle for XRP, has raised $30 million from a […]
By George Georgiev Over the past few days, developments in Ripple’s ecosystem centered on asset management, custody, and tokenization. Meanwhile, XRP has failed to extend the rally that briefly carried it to around $1.70 in August, leaving traders focused on resistance levels and key support lines. Bitwise XRP ETF Tops $500 Million Bitwise’s spot XRP […]