The listing was achieved after closing a merger with the SPAC Armada Acquisition, as confirmed in market announcements on Oct. 12. By maintaining this treasury on a major exchange, the company establishes a public vehicle for a cryptocurrency-backed corporate structure.
Wednesday, October 21, 2026
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Evernorth Becomes First Public XRP Treasury with 473M XRP on Nasdaq
Crypto9 days ago
The ticker symbol XRPN appeared on the Nasdaq stock exchange this Tuesday as a new entity finalized its merger with a special purpose acquisition company. Evernorth, the firm behind the listing, is the first publicly traded company to maintain a treasury of XRP, with holdings totaling approximately 473 million tokens. The debut allows institutional and retail investors to gain exposure to the digital asset through the equity market.
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