#evernorthcompletesspacmergerwitharmadaii THE BLOCK: Big move for XRP.
Evernorth has officially completed its SPAC merger with Armada II.
What this brings to public markets:
473 million XRP to treasury
$300 million in gross cash proceeds
The XRP treasury company is set to begin trading on Nasdaq on Monday under ticker XRPN.
This is huge. An XRP treasury going public on Nasdaq is institutional validation. 473M XRP locked in a treasury company plus $300M cash means serious buying power and long term holding, not dumping.
Wall Street is now literally holding XRP on its balance sheet. This is how adoption starts.
Are you watching XRPN on Monday? Could this be the catalyst for XRP to reclaim $3+?
This is analysis only. Not financial advice. Always DYOR.
$XRP $CKB $GRASS #XRP #XRPN #Evernorth #Nasdaq
Evernorth has officially completed its SPAC merger with Armada II.
What this brings to public markets:
473 million XRP to treasury
$300 million in gross cash proceeds
The XRP treasury company is set to begin trading on Nasdaq on Monday under ticker XRPN.
This is huge. An XRP treasury going public on Nasdaq is institutional validation. 473M XRP locked in a treasury company plus $300M cash means serious buying power and long term holding, not dumping.
Wall Street is now literally holding XRP on its balance sheet. This is how adoption starts.
Are you watching XRPN on Monday? Could this be the catalyst for XRP to reclaim $3+?
This is analysis only. Not financial advice. Always DYOR.
$XRP $CKB $GRASS #XRP #XRPN #Evernorth #Nasdaq