Ripple-Backed Evernorth Hits Nasdaq Holding 473 Million XRP Worth Far Less Than It Paid
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Evernorth clears shareholder vote ahead of Nasdaq debut with 473M XRP treasury
Evernorth expects to begin trading on Nasdaq under the ticker XRPN after its SPAC merger closes, with an XRP treasury worth roughly $710 million at current prices.
XRP treasury Evernorth’s shares rise 5% at Nasdaq opening print
Evernorth’s share price rose by 5% as investors welcomed the Nasdaq debut of the first pure-play XRP digital asset treasury.
The 'Largest Pure-Play' XRP Treasury Is About to Go Public
Shareholders approved Evernorth's merger with Armada Acquisition Corp. II, clearing the way for the Ripple-backed firm to begin trading Oct. 8 with a stash of roughly 473 million XRP.
XRP Treasury Company Gets One Step Closer to Listing on Nasdaq
Evernorth has gained SEC clearance, teeing up a shareholder vote on its Nasdaq listing—while the firm's XRP stash sits well below what it paid for it.
Strive Buys $94.5 Million in Bitcoin, Pushing Holdings Past 27,000 BTC
Strive bought 1,107 BTC for $94.5 million last week, lifting its holdings to 27,462 BTC, with its SATA preferred stock supplying 85% of the capital.
Nasdaq Is Investing $100 Million In Kraken Parent Payward At $21 Billion VALUATION-BLOOMBERG News - Rtrs
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