cryptotreasurystrateg

#EvernorthCompletesSPACMergerWithArmadaII 🚀 Evernorth has completed its SPAC merger with Armada Acquisition Corp. II, bringing its XRP-focused treasury business into the public markets. At closing, Evernorth held approximately 473 million XRP and secured around $300 million in gross cash proceeds, before expenses. Its shares are expected to trade on Nasdaq under XRPN starting October 12, 2026. The move expands public-market access to XRP-focused investment, though the treasury strategy remains exposed to XRP price volatility. 📊
#EvernorthXRPMerger
#XRPNNasdaqListing
#XRPInstitutionalAdoption
#CryptoTreasuryStrateg
$XRP | $XRPN.US | $BTC