Ripple Backed Evernorth To List on Nasdaq, Plans XRP Treasury Expansion

Ripple Backed Evernorth To List on Nasdaq, Plans XRP Treasury Expansion Evernorth Holdings, the XRP digital asset treasury firm backed by Ripple filed with the U.S. Securities and Exchange Commission on Wednesday to list its shares on the Nasdaq through a proposed merger with Armada Acquisition Corp. II (Nasdaq: AACI), a special purpose acquisition company (SPAC). The merger is expected raise over $1 billion in gross proceeds, funds the company says will be used to further scale its XRP treasury. Led by C ...