Evernorth Merger Vote Looms, Could Spark Next XRP Price Move
Armada Acquisition Corp. II shareholders will vote on September 30, 2026, to approve a proposed merger with Evernorth, which could significantly impact the price of XRP.
The planned merger aims to create an actively managed XRP treasury and seek a Nasdaq listing, potentially acting as an institutional catalyst for the cryptocurrency's adoption.
Evernorth plans to implement an active treasury strategy that would increase the value of XRP per share.