🔔 WALL STREET MEETS XRP: $XRPN.US
heads to Nasdaq
Evernorth, the largest public XRP treasury company, is set to start trading on Nasdaq under the ticker XRPN on Oct 8 after its merger closes on Oct 7.
📌 Key facts:
- ~473M $XRP in the treasury (≈ $710M at $1.50, my estimate)
- Over $1B raised across the deal and private placements
- Not a classic IPO. It's a merger with a listed SPAC (Armada II)
- Shareholders approved it: ~20.5M votes for vs ~1.4M against
Remember:
- The Oct 8 date is still an expectation until trading actually starts
- Owning XRPN stock is NOT the same as owning XRP
- Watch the NAV per share, not just the hype
💬 Will XRPN trade at a premium or a discount to its XRP? 👇
#XRP #XRPN #Evernorth #BinanceSquare
heads to Nasdaq
Evernorth, the largest public XRP treasury company, is set to start trading on Nasdaq under the ticker XRPN on Oct 8 after its merger closes on Oct 7.
📌 Key facts:
- ~473M $XRP in the treasury (≈ $710M at $1.50, my estimate)
- Over $1B raised across the deal and private placements
- Not a classic IPO. It's a merger with a listed SPAC (Armada II)
- Shareholders approved it: ~20.5M votes for vs ~1.4M against
Remember:
- The Oct 8 date is still an expectation until trading actually starts
- Owning XRPN stock is NOT the same as owning XRP
- Watch the NAV per share, not just the hype
💬 Will XRPN trade at a premium or a discount to its XRP? 👇
#XRP #XRPN #Evernorth #BinanceSquare