Evernorth Hits Nasdaq With 473 Million XRP as XRPN Trading Begins

Evernorth began Nasdaq trading today, giving stock market investors access to a company built around an actively managed XRP treasury. The listing brings approximately 473 million XRP into a publicly traded business pursuing strategies to increase its cryptocurrency holdings per share. Stock market investors gained access to Evernorth Holdings Inc. (Nasdaq: XRPN) on Oct. 12 as the XRP treasury company’s shares opened for trading. Its start of Nasdaq trading follows the completion of a merger with Armada Acquisition Corp. II, a special purpose acquisition company formed to bring another business public. XRPN identifies Evernorth’s common stock.