Ripple-backed digital asset treasury firm, Evernorth Holdings Inc., has joined the likes of VivoPower International, Trident Digital Tech Holdings, and Webus, which have been stockpiling XRP
XRP
$2.49
24h volatility:
3.8%
Market cap:
$149.67 B
Vol. 24h:
$3.48 B
.
The firm allegedly holds approximately 261 million XRP, which is worth $639.45 million, based on the current price of the coin.
Chris Larsen and Ripple Fulfill Commitment to Evernorth Deal
On October 20, Evernorth hinted at its plans to go public on the Nasdaq stock exchange through a merger with a Special-purpose Acquisition Company (SPAC) called Armada Acquisition Corp II (ticker: AACI).
Under this deal, it expects to raise over $1 billion in gross proceed
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