$XRP — 473 MILLION XRP COULD BE HEADING TO NASDAQ NEXT WEEK.
Evernorth’s merger has officially been approved, with the company expecting to begin trading on Nasdaq under the ticker $XRPN on October 8.
At closing, Evernorth is expected to hold around 473 million XRP, potentially making it the largest publicly traded pure-play XRP treasury company.
The deal and related private placements have raised more than $1 billion, with investors including Ripple, Pantera, Kraken, SBI Group and others.
That creates a new way for investors to get XRP exposure:
Buy XRP directly.
Buy an ETF.
Or buy a Nasdaq-listed company built around XRP exposure.
The third option is particularly interesting because it gives traditional equity investors a regulated way to gain exposure to an XRP-focused company without directly using crypto rails.
October 8 could offer an important look at how much demand there is on Wall Street for XRP exposure.
$XRP
Evernorth’s merger has officially been approved, with the company expecting to begin trading on Nasdaq under the ticker $XRPN on October 8.
At closing, Evernorth is expected to hold around 473 million XRP, potentially making it the largest publicly traded pure-play XRP treasury company.
The deal and related private placements have raised more than $1 billion, with investors including Ripple, Pantera, Kraken, SBI Group and others.
That creates a new way for investors to get XRP exposure:
Buy XRP directly.
Buy an ETF.
Or buy a Nasdaq-listed company built around XRP exposure.
The third option is particularly interesting because it gives traditional equity investors a regulated way to gain exposure to an XRP-focused company without directly using crypto rails.
October 8 could offer an important look at how much demand there is on Wall Street for XRP exposure.
$XRP
