Ripple-backed Evernorth moves toward Nasdaq listing under ticker XRPN
- —Evernorth holds 473,276,430 XRP after a $214 million purchase in late 2025
- —Nasdaq listing will trade under the ticker XRPN pending shareholder approval
- —A $30 million convertible note tied to the SPAC deal would fund additional XRP purchases
- —The company plans to use XRP in ecosystem activity, not just hold it
Why it matters: A public listing of an XRP treasury company gives institutions a new way to gain exposure to XRP without buying the token directly.
Source: Coin Türk