Evernorth Inches Closer to Nasdaq Debut Under XRPN

Evernorth Holdings is one step closer to its Nasdaq listing under ticker symbol XRPN after Armada Acquisition Corp. II shareholders approved a SPAC merger on September 30, 2026.

The US Securities and Exchange Commission declared the Form S-4 registration statement effective on August 27, 2026, paving the way for the combined entity to begin trading in late Q3 or early Q4 of 2026.

Evernorth positions itself as a digital asset treasury company built around XRP, with plans to hold hundreds of millions of XRP tokens in its treasury and engage in active management strategies, including lending and liquidity provision, designed to increase the value of XRP per share over time.