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