Crypto firm Evernorth announces it will list on NASDAQ and raise $1 billion
2025-10-20 12:45:27
Ripple-backed cryptocurrency firm Evernorth has announced it will list on the Nasdaq through a merger with Armada Acquisition Corp II (AACI. O), expected to raise more than $1 billion, according to Reuters. The company plans to become the largest pool of XRP funds and become the largest U.S. stock listed company holding XRP. It is reported that the deal is expected to close in Quarter 1, 2026.
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