Evernorth to debut on Nasdaq as XRPN on Oct. 8 with 473M XRP
- —XRPN trading on Nasdaq starts Oct. 8
- —Evernorth holds 473M XRP, the largest corporate stash
- —Armada II SPAC merger raised over $1 billion
- —Backers include Ripple, SBI Group, Pantera Capital and Kraken
Why it matters: The structure could reduce XRP's free float and give US investors a new regulated route to the token.
Source: Digital Today