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XRP Treasury Company Evernorth Now Available to Uphold Stock Investors

Picture: Blockonomi

TLDR Uphold listed Evernorth stock on Oct. 20, letting eligible U.S. investors trade shares of the XRP treasury company. Evernorth started trading on Nasdaq on Oct. 12 after merging with Armada Acquisition Corp. II. The company held about 473 million XRP and raised about $300 million in gross cash proceeds at closing. Ripple, Kraken, Coinbase, and BitGo were named as initial partners for its treasury strategies. Uphold’s equities service offers fractional investments starting at $5. Uphold has added Evernorth Holdings Inc. stock to its platform, giving eligible U.S. investors a new way to gain exposure to XRP.

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