Ripple-Backed Evernorth Eyes Nasdaq Debut Under XRPN With 473M XRP Treasury

HIGHLIGHTS Evernorth expects Nasdaq shares to start trading under XRPN after completing its merger. The company reported 473 million XRP in treasury and $300 million in gross cash proceeds. Nasdaq reassigned XRPN to Evernorth shares and XRPNW to warrants, effective today. Ripple-backed Evernorth is set to begin trading on Nasdaq today under XRPN, holding approximately 473 million XRP. The company completed its merger with Armada on October 9, ahead of the planned stock market debut. Evernorth Schedules XRPN Trading Following Armada Merger Today, October 12, the Evernorth shares are set to begin trading on its Global Market.