Evernorth Clears Shareholder Vote, Nears Nasdaq Listing as Publicly Traded XRP Treasury

A company called Evernorth is on track to become a publicly traded 'XRP treasury' after its shareholders approved a business combination with Armada Acquisition Corp. II, clearing the way for a Nasdaq listing.

The deal is expected to close on October 7 and the combined company will begin trading under the ticker symbol XRPN on October 8, provided all remaining conditions are met.

Evernorth expects to hold around 473 million XRP at closing, positioning it as one of the largest publicly traded pure-play XRP treasury companies.