Evernorth Holdings Inc
Evernorth raises $1B+ in historic SPAC deal to create largest public XRP treasury, with backing from SBI, Ripple, and Pantera Capital. Company partners with Doppler Finance to expand institutional infrastructure on XRP Ledger. Q1 2026 Nasdaq listing expected under ticker XRPN.
Evernorth Holdings Inc
Evernorth's XRPN debuts on Nasdaq with $1B in XRP—but is this treasury model better than spot or leveraged ETFs? We break down premium valuation, yield potential, and risk factors to help investors choose the right XRP exposure vehicle.
NASDAQ
Oct 30 marks XRP's institutional tipping point as XRPN launches on NASDAQ with record-breaking $1B+ treasury. Chris Larsen's 50M XRP + SBI's $200M + David Schwartz advisory = largest crypto accumulation in history. The moment XRP transitions from asset to institutional infrastructure.
Ripple
Ripple-backed Evernorth amasses $1B in XRP ahead of historic Nasdaq SPAC debut. With backing from SBI, Pantera, and Kraken, the firm aims to become the world's largest public XRP treasury.