Evernorth to Go Public With Over $1 Billion in Gross Proceeds

Ripple-Backed Evernorth Set to Raise Over $1 Billion in US Listing to ...

Ripple-backed Evernorth to go public via $1B SPAC merger with AACI (AACI:NASDAQ)

Evernorth, a digital asset treasury firm backed by XRP (XRP-USD) issuer Ripple, will go public through a merger with blank-check firm Armada Acquisition Corp II (AACI) that's expected to raise more than $1B in gross proceeds, it said on Monday.

Ripple-backed Evernorth to go public via $1B Nasdaq SPAC deal, aiming to become the largest XRP treasury - Tech Startups

Ripple-backed crypto venture Evernorth is joining the public markets in a $1 billion Nasdaq SPAC deal with Armada Acquisition Corp II, signaling a major return of investor appetite for digital asset firms, Reuters reported. The company plans to become the […] The post Ripple-backed Evernorth to go public via $1B Nasdaq SPAC deal, aiming to become the largest XRP treasury first appeared on Tech Startups.

Evernorth to Go Public With Over $1 Billion in Gross Proceeds

/PRNewswire/ -- Evernorth Holdings Inc., a newly formed Nevada corporation ("Evernorth") that will enable XRP adoption on an institutional scale, today...

Evernorth to Go Public With Over $1 Billion in Gross Proceeds - BlockTelegraph

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Ripple, SBI Holdings, Pantera Capital backs Evernorth's $1B XRP treasury plan

Evernorth Holdings is set to go public through a merger with Nasdaq-listed Armada Acquisition Corp (AACI), with plans to raise $1 billion in proceeds to build an XRP treasury.