XRP Treasury Firm Lands $30 Million Raise to Buy More XRP

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Evernorth,the world’s largest XRP treasury firm,has secured a $30 million convertible-note commitment from South Korean investment firm NH Investment & Securities.The funding is part of the company’s ongoing merger process with a SPAC ahead of its planned Nasdaq listing under the ticker XRPN.The full $30 million will be used to purchase spot XRP on the open market,bolstering the company’s treasury ahead of its upcoming public-market launch.

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Telemac
Telemachttp://cryptoinfo.ch
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