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Home›Crypto›Market Structure›Shareholders approve Evernorth XRP treasury deal ahead…

Shareholders approve Evernorth XRP treasury deal ahead of Nasdaq debut

Evernorth expects to hold about 473 million XRP as part of the planned treasury.

Reported · Written up by our desk · Market Structure

Armada Acquisition Corp. II shareholders have approved the merger with Evernorth, clearing the way for the XRP-focused treasury company to pursue a Nasdaq debut, according to The Block.

The Block reports that Evernorth expects its XRP treasury to total about 473 million XRP.

Latest closeXRP $1.522 ▲2.3%|Nasdaq Comp. 26,861.06 ▲0.2%

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Sources

The BlockEvernorth shareholders approve $1 billion XRP treasury deal, clearing path to Nasdaq debut

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