#EvernorthXRPTreasuryCompletesSPACMerger Evernorth (XRPN) is close to its Nasdaq debut! Treasury company Evernorth’s SPAC merger with Armada Acquisition Corp. II has passed the shareholder vote ✅
📅 Closing: October 7 (expected)
📈 Trading on Nasdaq: October 8, ticker XRPN
💰 Treasury: ~473 million XRP (~$710M, with XRP at ~$XRP 1.50)
This includes ~211M XRP from Arrington Capital and 127M XRP from Ripple. The plan is to increase XRP per share through yield strategies and activities in the XRP ecosystem.
Do you think treasury companies like this are bullish for XRP? Let us know in the comments 👇
#Evernorth #XRP #XRPN #Nasdaq #crypto