Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

More XRP? Evernorth Makes Its Next Move After Nasdaq Debut With $80.7M Funding Plan

Picture: CryptoPotato

Evernorth Holdings has filed to raise up to $80.7 million through a committed equity facility with Cantor Fitzgerald. The move could provide fresh capital for the company’s XRP treasury strategy. Under the agreement, Evernorth can sell up to 5,218,935 shares of its Class A common stock to CF Principal Investments LLC. The company said the facility could generate around $80 million in gross proceeds, based on its October 22, 2026, closing share price. Evernorth plans to use some of the funds for general corporate purposes, including buying more XRP and developing products within the XRP ecosystem.

You are reading an excerpt. CryptoPotato wrote and owns the full article.

Continue reading at cryptopotato.com

Related stories

More crypto news

All Crypto & Bitcoin