▲ Bullish

Evernorth's $1 Billion XRP Treasury Deal Advances Towards Nasdaq Listing

28 Aug 2026· CLOM Newsroom· CLOM· 1 min readXRPPROJECT

Evernorth's Form S-4 registration statement for its merger with Armada Acquisition Corp. II has been declared effective by the SEC.

A shareholder vote is scheduled for September 30, and if approved, the combined company will be listed on Nasdaq under the ticker XRPN.

Evernorth has secured over $1 billion in gross proceeds and committed capital from investors including Ripple, SBI Group, Pantera Capital, and Kraken.

Reporting aggregated and summarized by CLOM — research & education, not financial advice.

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