EconomyEvernorth’s Nasdaq XRP treasury approved, but buying power is closer to $88.5 million
Evernorth shareholders approved the plan to become a publicly traded XRP treasury, with the combination expected to close on October 7 and trading under XRPN to begin on Nasdaq on October 8. The company’s roughly $300 million headline includes advance funding already used for an approximately $214 million XRP purchase. Closing-linked sources total about $88.5 million if they settle, before expenses and other uses.
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CryptoSlate★★☆☆☆2026-10-02 17:50Original
Evernorth’s Nasdaq XRP treasury approved, but buying power is closer to $88.5 million
Economy