#xrp
The US SEC has authorized Evernorth to attempt to raise $132,000,000 to purchase XRP (Ripple) tokens - document Evernorth (XRPN) is a public company on the Nasdaq that is accumulating XRP tokens (DAT strategy).
Current balance: 473 million XRP ($638 million) DAT (Digital Asset Treasury) is a strategy where a company holds cryptocurrency (in this case, XRP) as its primary asset on its balance sheet and seeks to increase the amount of this asset per share.
The US SEC has authorized Evernorth to attempt to raise $132,000,000 to purchase XRP (Ripple) tokens - document Evernorth (XRPN) is a public company on the Nasdaq that is accumulating XRP tokens (DAT strategy).
Current balance: 473 million XRP ($638 million) DAT (Digital Asset Treasury) is a strategy where a company holds cryptocurrency (in this case, XRP) as its primary asset on its balance sheet and seeks to increase the amount of this asset per share.