Evernorth’s XRPN Debut Puts Beyond-Bitcoin Treasury Strategy to the Test
Key Highlights: Evernorth is advancing a merger with Armada II, a SPAC backed by Arrington $XRP Capital Fund, under a deal that includes Ripple Labs. Evernorth expects to hold approximately 473 million $XRP when the transaction closes and plans to actively manage its digital-asset treasury. The transaction would bring an $XRP-focused public treasury strategy to ...