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XRP Treasury Evernorth Lists on Nasdaq
Ripple-backed XRP treasury Evernorth closed its SPAC merger, raised about $300M, and lists on Nasdaq as $XRPN Monday.
Key points
- Evernorth completed its business combination with Armada Acquisition Corp. II, and its common stock is expected to begin trading on Nasdaq on Monday under the ticker $XRPN.
- The original poster said approximately 473 million XRP now sits inside a publicly traded company whose job is to put that capital to work across the XRP economy, reporting quarterly.
Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI
Original post
Top replies on X
Reaction on X: Most replies were congratulatory, with one user asking what will be done with the XRP and why one entity needs to hold so much of it. The original poster replied that the company's job is to put that capital to work across the XRP economy and report quarterly.
Sign in to see 5 top replies from X
From @evernorthxrp, @Archie_XRPL, @TokenRelations and others. Spam removed, with English and Chinese translations.
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