LATEST: π° XRP treasury firm Evernorth won shareholder approval for its $1B merger with Armada II, clearing the path to debut on Nasdaq as XRPN on Oct. 8.
An XRP treasury company is one vote away from Nasdaq
Shareholders of Armada Acquisition Corp. II, a listed shell company, vote Wednesday on merging with Evernorth. If they approve, the combined company is expected to trade on Nasdaq under the ticker XRPN.
Evernorth (@evernorthxrp) plans to hold $XRP and put it to work to grow the XRP behind each share. Its backers include @Ripple, SBI Group, Pantera Capital, and Kraken.