Evernorth Files for NASDAQ Listing via SPAC Merger to Offer Exposure to XRP Treasury Strategy
Ripple-backed Evernorth, holding $656M worth of XRP (473 million tokens), is seeking a NASDAQ listing under the ticker XRPN through its merger with Armada Acquisition Corp II. The company plans to offer exposure to an active XRP treasury strategy involving institutional lending and DeFi yield generation rather than passive storage like traditional ETFs.
Tickers: $XRPNU
Topics: Evernorth NASDAQ listing Ripple SPAC merger XRP