Evernorth, an XRP-focused digital asset treasury company, awaits its shareholder vote on September 30, 2026, to approve its merger with Armada Acquisition Corp. II and listing on the Nasdaq under the ticker XRPN. The SEC declared the Form S-4 effective on August 27, 2026, clearing a key regulatory hurdle. Evernorth has raised over $1 billion from investors including Ripple and Arrington Capital. If the vote passes and remaining conditions are met, trading could begin in late Q3 or early Q4 2026. The company plans to hold hundreds of millions of XRP tokens in its treasury, with active management strategies including lending and liquidity provision.
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