Evernorth Holdings begins Nasdaq trading as XRPN, reporting a strong liquidity position of $300 million in cash and a substantial 473 million XRP cryptocurrency reserve following its recent SPAC merger.
Evernorth Holdings has completed its SPAC merger with Armada Acquisition Corp. II, resulting in its listing on the Nasdaq under the ticker XRPN. The company enters the public market with a strong liquidity position, backed by $300 million in gross cash proceeds and its substantial XRP holdings.
XRPN began trading on the Nasdaq on October 12, 2026.
The company holds approximately $300 million in gross cash proceeds.
Evernorth Holdings has officially disclosed a significant treasury position of approximately 473 million XRP tokens. This holding serves as a core component of the company's balance sheet following its transition to the public markets.
Evernorth holds approximately 473 million XRP.
Evernorth Holdings, Inc. officially entered the public markets on October 12, 2026, following a successful SPAC merger with Armada Acquisition Corp. II. The company begins its Nasdaq tenure under the ticker XRPN, backed by a robust balance sheet featuring $300 million in cash and a significant treasury holding of 473 million XRP tokens.
Evernorth Holdings operates as a publicly traded entity on the Nasdaq with a treasury strategy that includes $300 million in cash and 473 million XRP tokens.