Newsig · Cointelegraph
Evernorth clears shareholder vote ahead of Nasdaq debut with 473M XRP treasury
Evernorth expects to begin trading on Nasdaq under the ticker XRPN after its SPAC merger closes, with an XRP treasury worth roughly $710 million at current prices.
Why it matters
XRP · Why linked: Evernorth's treasury is backed by ~$710M of XRP, directly tying the new public vehicle's performance to XRP price. Market context: The listing creates a new publicly traded vehicle with direct XRP exposure, which could expand institutional access and demand for XRP.
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