US EditionXRP Dominance Holds at 4% Signaling Possible Surge to $10
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6 Articles
XRP Dominance Holds at 4% Signaling Possible Surge to $10
The post XRP Dominance Holds at 4% Signaling Possible Surge to $10 appeared on BitcoinEthereumNews.com. Key Insights: XRP maintains 4% dominance, mirroring the level that triggered a threefold surge in its past rally. Evernorth, backed by Ripple and SBI, plans a $1B Nasdaq listing to strengthen XRP’s institutional base. Ripple CTO David Schwartz confirms limited advisory role, supporting XRP’s expanding treasury initiative. XRP Dominance Holds a…
Ripple’s new XRP treasury falls flat on first trading day
Somehow, Ripple managed to lose investors’ money on the first trading day of its new digital asset treasury (DAT), Armada Acquisition Corp II (AACI). It immediately flatlined, closing negative for the day and failing to break a multi-month losing streak in XRP stocks. At 8am yesterday, New York time, Ripple was mentioned in a glowing press release featuring a who’s who of crypto industry titans: Kraken, SBI, Pantera, GSR, and Arrington Capital. …
Nevada’s Evernorth To Raise $1B For XRP Treasury
Nevada-registered Evernorth plans to acquire $1 billion for its XRP-focused digital asset treasury strategy. The company aims to become the largest institutional holder of the token. Evernorth (XRPN) is a newly formed Nevada corporation, but it’s already making waves in the crypto community, especially in the XRP circle. On Monday, the company focused on accelerating XRP adoption on an institutional scale announced raising $1 billion to jumpstar…
Bitcoinist
DailyTruthReportRipple-Backed Evernorth Targets $1 Billion Raise In US IPO For XRP Reserve
A new XRP treasury could be on the horizon, driven by Ripple-backed Evernorth’s plans for an initial public offering (IPO) in the US. Evernorth announced on Monday that it intends to go public on the Nasdaq through a merger with the blank-check company Armada Acquisition Corp II, projected to raise over $1 billion in capital. Evernorth’s $1 Billion Merger And XRP Treasury Launch This strategic initiative comes in the wake of a significant legal …
The XRP ecosystem has just received one of the most momentous news in recent years. Evernorth Holdings Inc. confirmed a SPAC merger with Armada Acquisition Corp II, with the aim of building the largest institutional treasury of XRP in the world, backed by $1 billion in revenue and the support of large actors in the traditional crypto and financial sector. The operation, which puts Evernorth at the forefront of corporate treasury tokenization, pr…
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