Evernorth to Raise $1 Billion for the Largest XRP Treasury
Evernorth is raising over $1 billion to build what could become the largest institutional XRP treasury. The company has agreed to merge with Armada Acquisition Corp II and plans to list its ticker, XRPN, on Nasdaq.Ā Most of the proceeds will go toward open-market XRP purchases, with the rest allocateā¦