🚨 Evernorth XRP Treasury Update 🚨
• Evernorth has cleared the major hurdle for its SPAC merger with Armada Acquisition Corp. II.
• The company expects to hold around 473 million XRP at closing.
• The deal is expected to bring around $300M in gross cash proceeds.
• Evernorth is expected to begin trading on Nasdaq under XRPN on October 8.
• This could give public-market investors a new way to gain exposure to an XRP-focused treasury company.
📌 Key takeaway: Evernorth’s move puts XRP at the center of a major public-market treasury strategy.
$SOXLB $BTC $BNB
#BinanceSquareTalks #EvernorthXRPTreasuryCompletesSPACMerger #DriftHackVictimsBeginClaims #ETHUp70%InQ3ButLiquidityFalls
#XRP’
• Evernorth has cleared the major hurdle for its SPAC merger with Armada Acquisition Corp. II.
• The company expects to hold around 473 million XRP at closing.
• The deal is expected to bring around $300M in gross cash proceeds.
• Evernorth is expected to begin trading on Nasdaq under XRPN on October 8.
• This could give public-market investors a new way to gain exposure to an XRP-focused treasury company.
📌 Key takeaway: Evernorth’s move puts XRP at the center of a major public-market treasury strategy.
$SOXLB $BTC $BNB
#BinanceSquareTalks #EvernorthXRPTreasuryCompletesSPACMerger #DriftHackVictimsBeginClaims #ETHUp70%InQ3ButLiquidityFalls
#XRP’