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Evernorth Plans to Invest $648 Million XRP in LendingAccording to Techub News, Evernorth plans to gradually enter XRP lending and yield strategies after its Nasdaq listing. The company intends to select Ripple, Kraken, Coinbase, and BitGo to deploy $648 million worth of XRP treasury assets into operation. (The Block)Techub News08:06 PM

快讯Web310/14, 08:06 PM

Evernorth Plans to Invest $648 Million XRP in Lending

According to Techub News, Evernorth plans to gradually enter XRP lending and yield strategies after its Nasdaq listing. The company intends to select Ripple, Kraken, Coinbase, and BitGo to deploy $648 million worth of XRP treasury assets into operation. (The Block)

Evernorth files S-4, plans to list on Nasdaq under ticker symbol "XRPN"Techub News reports that Ripple-backed crypto company Evernorth Holdings has filed an S-4 form with the U.S. SEC, planning to list on Nasdaq under the ticker symbol "XRPN." Previously, according to Reuters, Evernorth announced it would list on Nasdaq through a merger with Armada Acquisition Corp II (AACI.O), with expectations to raise over $1 billion. The transaction is anticipated to be completed in the first quarter of 2026.Techub News03/19, 09:56 AM

快讯Evernorth03/19, 09:56 AM

Evernorth files S-4, plans to list on Nasdaq under ticker symbol "XRPN"

Techub News reports that Ripple-backed crypto company Evernorth Holdings has filed an S-4 form with the U.S. SEC, planning to list on Nasdaq under the ticker symbol "XRPN." Previously, according to Reuters, Evernorth announced it would list on Nasdaq through a merger with Armada Acquisition Corp II (AACI.O), with expectations to raise over $1 billion. The transaction is anticipated to be completed in the first quarter of 2026.

Evernorth, an XRP treasury entity backed by Ripple executives, holds unrealized losses exceeding $220 million.Techub News reported, according to Cryptobriefing, that Evernorth Holdings, an XRP treasury entity backed by Ripple executives, currently holds approximately 389 million XRP, with a purchase cost of around $947 million. Based on XRP's current price of about $1.86 USDT, its position's market value is approximately $724 million, resulting in an unrealized loss exceeding $220 million. XRP has fallen about 16% in the past 30 days, dragging down its treasury's book performance amid the overall market correction.Techub News12/25/2025, 01:53 PM

快讯Evernorth12/25, 01:53 PM

Evernorth, an XRP treasury entity backed by Ripple executives, holds unrealized losses exceeding $220 million.

Techub News reported, according to Cryptobriefing, that Evernorth Holdings, an XRP treasury entity backed by Ripple executives, currently holds approximately 389 million XRP, with a purchase cost of around $947 million. Based on XRP's current price of about $1.86 USDT, its position's market value is approximately $724 million, resulting in an unrealized loss exceeding $220 million. XRP has fallen about 16% in the past 30 days, dragging down its treasury's book performance amid the overall market correction.

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