XRP Is Coming to Nasdaq: Evernorth Clears Key Vote With 473M Treasury
🚀 Evernorth's merger with Armada Acquisition Corp. II has received shareholder approval, paving the way for its 473 million XRP treasury to be listed on Nasdaq under the ticker XRPN.
💰 The merger and private placements have raised over $1 billion, with $300 million in gross cash and significant contributions from private placements and convertible notes.
📉 Evernorth's financial statements show its XRP holdings have been impaired, with a recorded cost of $846.6 million but a written-down value of only $348.8 million as of June 30, 2026.
🚀 Evernorth's merger with Armada Acquisition Corp. II has received shareholder approval, paving the way for its 473 million XRP treasury to be listed on Nasdaq under the ticker XRPN.
💰 The merger and private placements have raised over $1 billion, with $300 million in gross cash and significant contributions from private placements and convertible notes.
📉 Evernorth's financial statements show its XRP holdings have been impaired, with a recorded cost of $846.6 million but a written-down value of only $348.8 million as of June 30, 2026.