The SEC declared Evernorth’s S-4 registration effective on August 27, paving the way for a Nasdaq listing under the ticker XRPN. This XRP treasury company, backed by Ripple, Kraken and Pantera Capital, holds 473,276,430 XRP worth approximately $672.3 million, making it the largest publicly traded corporate holder of XRP. Armada Acquisition Corp. II shareholders will vote on the merger on September 30. If approved, the listing on Nasdaq is expected by late Q3 or early Q4.
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