Evernorth to Raise $1 Billion for the Largest XRP Treasury
Evernorth is elevating over $1 billion to construct what might turn into the largest institutional XRP treasury. The firm has agreed to merge with Armada Acquisition Corp II and plans to record its ticker, XRPN, on Nasdaq. Most of the proceeds will go towards open-market XRP purchases, with the relaxation allotted to working capital and…
