Funding
Evernorth Raises $80.7M for XRP Treasury Strategy
Evernorth Holdings has filed to raise up to $80.7 million through a committed equity facility with Cantor Fitzgerald. The funds will be used for general corporate purposes, including purchasing more XRP and developing products within the XRP ecosystem. Following its Nasdaq debut, Evernorth aims to collaborate with financial partners to deploy XRP into institutional strategies and explore opportunities within the XRP Ledger.