🚹 $XRP IS CHANGING THE DEAL
Evernorth is reportedly rethinking its $1B Nasdaq strategy as XRP trades far below the ~$2.36 price originally assumed.
Instead of sticking to a fixed share formula, the structure is being adjusted around XRP’s VWAP at closing.
đŸ”„ Fewer shares could mean more XRP backing per share.
And with Evernorth already holding 473M+ XRP, the bigger story isn’t just the deal—it’s the scale of the XRP treasury strategy.
This is a reminder that XRP’s market price is becoming a real variable in institutional capital markets.
The question now:
If XRP rallies sharply before closing, what happens to the entire structure? 👀📈
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