🚨 XRP HAS A BIG DAY AHEAD
One of the biggest fresh XRP developments is happening today: Evernorth’s business combination is expected to close on October 7, with the company expected to begin trading on Nasdaq under XRPN on October 8.
Evernorth says it is expected to hold about 473 million XRP at closing, which would make it the largest publicly traded pure-play XRP treasury company. The transaction has raised more than $1 billion through cash proceeds and XRP contributions.
This is important — but there’s a clear distinction:
The transaction is expected to close today; Nasdaq trading is expected tomorrow.
Meanwhile, Ripple’s latest press releases also highlight its expanding institutional relationship with Brevan Howard, announced October 6.
So the real XRP story right now is institutional exposure moving closer to public markets + continued financial-infrastructure adoption.
$XRP
.
.
.
#XRP #XRPL #Write2Earn
Not financial advice. DYOR.
One of the biggest fresh XRP developments is happening today: Evernorth’s business combination is expected to close on October 7, with the company expected to begin trading on Nasdaq under XRPN on October 8.
Evernorth says it is expected to hold about 473 million XRP at closing, which would make it the largest publicly traded pure-play XRP treasury company. The transaction has raised more than $1 billion through cash proceeds and XRP contributions.
This is important — but there’s a clear distinction:
The transaction is expected to close today; Nasdaq trading is expected tomorrow.
Meanwhile, Ripple’s latest press releases also highlight its expanding institutional relationship with Brevan Howard, announced October 6.
So the real XRP story right now is institutional exposure moving closer to public markets + continued financial-infrastructure adoption.
$XRP
.
.
.
#XRP #XRPL #Write2Earn
Not financial advice. DYOR.
