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XRP Treasury Disaster Deepens as Evernorth Suffers $389M Paper Losses
Maartunn revealed Evernorth’s massive XRP purchases remained underwater throughout the months. Ripple, Larsen, and SBI backed the treasury strategy before XRP collapsed. Evernorth continues Nasdaq merger plans despite unrealized losses from XRP. CryptoQuant analyst Maartunn revea...
36Crypto·3d ago
Evernorth Adds Ripple CLO to Board Before Nasdaq Debut
TLDR Evernorth appointed four new directors as it advances its planned Nasdaq listing in the United States. Stuart Alderoty, Ripple’s Chief Legal Officer, joined the board to strengthen regulatory oversight. Robert Kaiden, CFO of the OpenAI Foundation, will support financial repo...
Blockonomi·11d ago
XRP’s Strategic Role in Evernorth’s Crypto Expansion
Evernorth, operating as a major player within the cryptocurrency landscape, strategically utilizes XRP at the core of its portfolio. Under the guidance of Asheesh Birla, an ex-Ripple executive, the company controls over 473 million XRP, valued at close to $656 million. Continue R...
BH NEWS·12d ago
Evernorth Turns its 473 Million XRP Treasury into a Liquidity Engine
Evernorth holds over 473 million XRP as it moves toward a planned Nasdaq listing through its merger with Armada Acquisition Corp II. Evernorth added Robert Kaiden and Derar Islim as independent directors in its second S-4 amendment ahead of the XRPN listing. Evernorth is moving c...
ETHNews.com·13d ago
Evernorth Moves Closer to Nasdaq With XRP Treasury Plan
Evernorth files amended S-4, moving closer to Nasdaq listing via merger with Armada Acquisition Corp II. Board adds Ripple's Stuart Alderoty, enhancing expertise in crypto regulation and institutional XRP adoption. XRP treasury strategy backed by SBI, Pantera, Kraken, and Ripple,...
Crypto Front News·1mo ago
Evernorth’s Bold Step Toward Nasdaq Launch with XRP Support
Evernorth has advanced in its ambitions to debut on the public trading scene by submitting a revised S-4 registration with the U.S. Securities and Exchange Commission as of April 7, 2026. Continue Reading:Evernorth’s Bold Step Toward Nasdaq Launch with XRP Support
BH NEWS·1mo ago
Evernorth Advances Nasdaq Plans, Files SEC S-4 for XRP Treasury Deal
TLDR Evernorth filed an amendment to its SEC S-4 registration on April 7, 2026, advancing its plan to go public. The company aims to list on Nasdaq under the ticker XRPN through a merger with Armada Acquisition Corp. II. Ripple Labs contributed 126.79 million XRP tokens to the de...
Blockonomi·1mo ago
Evernorth Amended S-4 Keeps XRPN Merger on Track for Nasdaq Debut Soon
Evernorth filed Amendment No. 1 to Form S-4, keeping its XRPN merger with Armada Acquisition Corp. II on track for a Nasdaq debut, though the deal remains subject to SEC review and approvals.
CryptoBreaking·1mo ago
Evernorth’s $1 Billion XRP Treasury Plan Moves Closer To Public Listing
Evernorth has filed for SEC approval to move ahead with a large-scale XRP treasury. Major backers and new governance terms shape the $1 billion public listing plan. Continue Reading:Evernorth’s $1 Billion XRP Treasury Plan Moves Closer To Public Listing The post Evernorth’s $1 Bi...
COINTURK NEWS·2mo ago
Evernorth Files S-4 to Launch $1B XRP Treasury Plan
TLDR Evernorth filed a Form S-4 registration statement with the U.S. SEC to advance its $1B XRP treasury initiative. The company plans to merge with Armada Acquisition Corp. II and trade publicly under the XRPN ticker. Evernorth raised over $1 billion from Ripple, SBI Holdings, A...
Blockonomi·2mo ago
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