đš EVERNORTH MAKES ITS NASDAQ DEBUT â BUT $XRPN SHARES END LOWER! đ
Evernorth Holdings ($XRPN.US
), a Ripple-backed digital asset treasury firm, started trading on Nasdaq on October 12.
đ Shares initially climbed to $19.38 before pulling back to close at $16.91, down 1.05%.
$XRP
Here are the key details:
đ° 473 million $XRP held in its treasury at the time of the merger.
đŠ Around $300 million in gross cash proceeds, before transaction costs.
đ Supported by major investors, including Ripple, SBI Group, Pantera Capital, Kraken, and Arrington Capital.
â ïž Important to understand: XRPN stock movements do not automatically dictate the price of XRP. The Nasdaq listing also doesn't guarantee additional XRP purchases, as some of the treasury's holdings came from investors contributing existing tokens.
#XRP #Ripple #XRPN #CryptoNews #BinanceSquare
Evernorth Holdings ($XRPN.US
), a Ripple-backed digital asset treasury firm, started trading on Nasdaq on October 12.
đ Shares initially climbed to $19.38 before pulling back to close at $16.91, down 1.05%.
$XRP
Here are the key details:
đ° 473 million $XRP held in its treasury at the time of the merger.
đŠ Around $300 million in gross cash proceeds, before transaction costs.
đ Supported by major investors, including Ripple, SBI Group, Pantera Capital, Kraken, and Arrington Capital.
â ïž Important to understand: XRPN stock movements do not automatically dictate the price of XRP. The Nasdaq listing also doesn't guarantee additional XRP purchases, as some of the treasury's holdings came from investors contributing existing tokens.
#XRP #Ripple #XRPN #CryptoNews #BinanceSquare