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BSCN·2025-10-21 04:15
RIPPLE-BACKED EVERNORTH ANNOUNCES $1B PUBLIC XRP TREASURY DEAL- Evernorth Holdings, backed by Ripple, SBI, Pantera, Kraken, and GSR, entered an agreement to raise over $1 billion through a public XRP treasury vehicle.- This deal comes via a business combination with Armada Acquisition Corp II, a special purpose acquisition company (SPAC).- Once complete, Evernorth will become the largest institutional XRP treasury ever established.WHAT IS EVERNORTH?- Evernorth aims to be a publicly listed XRP treasury, offe ...