⚠️ 🚨 473 million XRP are entering the institutional markets equation!
On Monday, October 12, Evernorth shares are expected to begin trading on Nasdaq under the ticker $XRPN.
🔹 A declared treasury of approximately 473 million XRP.
🔹 Gross cash proceeds of nearly $300 million, according to the company.
🔹 Important point: $XRPN is a company’s stock, not XRP itself.
⚠️ The size of the treasury alone does not guarantee that the currency will rise. Watch the valuation, liquidity, and trading details when it lists.
Does $XRPN represent a new institutional gateway to XRP exposure, or are the risks of the stock completely different from the risks of the currency?
$BNB
$XRP
$BTC
#XRP
#XRPN
#CryptoNews
On Monday, October 12, Evernorth shares are expected to begin trading on Nasdaq under the ticker $XRPN.
🔹 A declared treasury of approximately 473 million XRP.
🔹 Gross cash proceeds of nearly $300 million, according to the company.
🔹 Important point: $XRPN is a company’s stock, not XRP itself.
⚠️ The size of the treasury alone does not guarantee that the currency will rise. Watch the valuation, liquidity, and trading details when it lists.
Does $XRPN represent a new institutional gateway to XRP exposure, or are the risks of the stock completely different from the risks of the currency?
$BNB
$XRP
$BTC
#XRP
#XRPN
#CryptoNews