Exchange Listing
Evernorth XRP Treasury Listed on Nasdaq
Evernorth, a firm focused on the XRP treasury, has completed its merger with Armada Acquisition Corp. II. The XRP treasury company is expected to begin trading on Nasdaq under the ticker XRPN on October 12. The merger, announced in October 2025, aims to accelerate institutional adoption and innovation within the XRP ecosystem. Evernorth, led by founder and CEO Asheesh Birla, intends to deploy capital across the XRP economy, support infrastructure, and pursue strategies to grow XRP per share over time. The company's investors include Arrington XRP Capital Fund, SBI Group, Ripple, Pantera Capital, Kraken, and GSR. The listing is expected to bring public company standards to the institutional development of the XRP ecosystem, with the company planning to ring the Nasdaq closing bell on October 14. The move is seen as a significant step in the growth and acceptance of XRP within the financial market.