XRP holders must now wait until Monday, October 12, 2026 for Evernorth’s Nasdaq listing under the ticker XRPN. Originally scheduled for Thursday, October 9, the trading debut was postponed due to a technical administrative delay, according to an official notice published on October 7. The transaction with SPAC company Armada Acquisition Corp. II is expected to legally close on Friday, October 9. The listing aims to make Evernorth the world’s largest publicly traded corporate treasury focused on the Ripple ecosystem, holding approximately 473 million XRP tokens and about $300 million in cash, with total deal commitments exceeding $1 billion from institutional investors including Ripple, Pantera Capital, and Kraken. The four-day delay had no significant market impact, with XRP’s decline of less than 2% aligning with a broader sector correction.
Source: Read the original article
