Exchanges· ★★★· neutral·

XRP Treasury Firm Evernorth Rings Nasdaq Bell Amid $450 Million Valuation Gap

  • —Evernorth rang the Nasdaq closing bell this week
  • —Reports cite a $450 million valuation disconnect
  • —The firm holds XRP as its primary balance-sheet asset
  • —The exact calculation behind the gap was not detailed
Why it matters: A listed XRP treasury vehicle gives institutions a new equity-market exposure route, while the valuation gap draws analyst scrutiny of such structures.
Source: Bitcoin Insider