Funding
XRP Treasury Merges with SPAC
XRP Treasury, backed by Ripple, has completed its merger with a Special Purpose Acquisition Company (SPAC), integrating 473 million XRP and $300 million in cash onto the Nasdaq stock market. The merger is expected to debut the new ticker symbol XRPN on Monday, marking a significant move in the crypto industry as XRP becomes tradable on a major stock exchange. This event signals a new phase in the liquidity and accessibility of XRP, potentially attracting more institutional investors and enhancing the overall market profile of the cryptocurrency.