By Wayne Jones Evernorth said on August 27 that the US Securities and Exchange Commission (SEC) had declared its registration statement effective, moving its proposed merger with Armada Acquisition Corp. II closer to completion. The development puts the XRP treasury company one step closer to a Nasdaq listing, although shareholders still need to approve the […]
Tag: XRPN
Key highlights: Evernorth has launched a Japanese account that would focus on local market updates and XRP ecosystem education The firm also plans to go public, trading under the ticker XRPN The firm’s last disclosure showed that they were holding about 470 million XRP, which equalled $1 billion at the time The via X (automatically […]
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 […]