XRP hits Wall Street: 473 million reasons to watch September 30.
Today, it’s decided whether XRP will get its spot on Nasdaq 🚀
Today, September 30, Armada Acquisition Corp. II SPAC shareholders vote on the merger with Evernorth. This is a company set up specifically to hold XRP, backed by Ripple.
If “yes,” the combined company will trade on Nasdaq under the ticker XRPN.
Its balance sheet is expected to include more than 470 million XRP. That’s an enormous pile of coins under a single exchange ticker. 🏔️
Many are already calling it “MicroStrategy for XRP.” Just like Michael Saylor with Bitcoin, investors will be able to gain exposure to XRP through a regular stock—without wallets and crypto exchanges.
The difference is that Evernorth doesn’t just want to stockpile coins. Its goal is to grow the amount of XRP per share by buying more tokens and earning returns on them.
Caveats:
The vote is only the first step. The deal still needs to be closed and receive the final “OK” from Nasdaq.
Evernorth is a separate company, not a “Ripple stock.”
The very fact that the vote happens doesn’t guarantee XRP price growth.
Let’s follow the news. Do you think XRPN will soar or remain just another crypto stock? 👇
$XRP
#Ripple #Xrp🔥🔥
Today, it’s decided whether XRP will get its spot on Nasdaq 🚀
Today, September 30, Armada Acquisition Corp. II SPAC shareholders vote on the merger with Evernorth. This is a company set up specifically to hold XRP, backed by Ripple.
If “yes,” the combined company will trade on Nasdaq under the ticker XRPN.
Its balance sheet is expected to include more than 470 million XRP. That’s an enormous pile of coins under a single exchange ticker. 🏔️
Many are already calling it “MicroStrategy for XRP.” Just like Michael Saylor with Bitcoin, investors will be able to gain exposure to XRP through a regular stock—without wallets and crypto exchanges.
The difference is that Evernorth doesn’t just want to stockpile coins. Its goal is to grow the amount of XRP per share by buying more tokens and earning returns on them.
Caveats:
The vote is only the first step. The deal still needs to be closed and receive the final “OK” from Nasdaq.
Evernorth is a separate company, not a “Ripple stock.”
The very fact that the vote happens doesn’t guarantee XRP price growth.
Let’s follow the news. Do you think XRPN will soar or remain just another crypto stock? 👇
$XRP
#Ripple #Xrp🔥🔥
