Evernorth: Plans to list on NASDAQ, holding over 473 million XRP
2026-09-16 21:13:45
CoinMeta Data: Evernorth, a digital asset treasury company supported by Ripple, is approaching a shareholder vote that may list its treasury of over 473 million XRP tokens on NASDAQ under the trading symbol XRPN. Shareholders of Armada Acquisition Corp are scheduled to vote on September 30th. If approved and other conditions are met, the merged company is expected to trade on NASDAQ. Evernorth announced that its purchase of XRP and committed contributions have exceeded 473.3 million tokens, including approximately 8.44 million tokens acquired recently for $214 million. The company plans to gradually increase the number of XRP per share through revenue generation and participation in the XRP ecosystem. Evernorth has also received support from major crypto companies such as Ripple, SBI Group, and Pantera Capital. SEC has announced that the registration statement for Evernorth's S-4 is effective, removing an important hurdle for completing the transaction.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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