“Evernorth Shareholders Approve SPAC Merger, Paving Way for Nasdaq Debut with $710M XRP Tre” — what this page in the network covers. Evernorth has secured shareholder approval for its merger with a special purpose acquisition company (SPAC), clearing a major hurdle for its upcoming listing on the Nasdaq under the ticker symbol XRPN. The company holds approximately 473 million XRP tokens, which at current market prices are valued at around $710 million.
This substantial digital asset treasury positions Evernorth as one of the few publicly traded companies with significant direct exposure to XRP, a cryptocurrency that has faced regulatory scrutiny but remains a top-ten digital asset by market capitalization. The vote marks a critical step in completing the business combination, which is expected to close shortly, after which Evernorth will begin trading on the Nasdaq. This listing links straight to the original page, where the content is available in full.