Evernorth just closed its SPAC merger with Armada Acquisition Corp. II—now public with ~473M $XRP on the balance sheet and $300M cash in the bank.

Ticker: $XRPN
Lists on Nasdaq Oct 12

First publicly traded company with a native $XRP treasury. This is institutional validation at scale.

Watch how TradFi reacts when they can finally get $XRP exposure through equity markets. Could be a liquidity unlock for the entire ecosystem.