Evernorth XRPN Listing Scheduled for October 8 Nasdaq Debut

Evernorth is set to make its Nasdaq debut on October 8, after completing key steps toward its public listing.

The XRP treasury firm has secured approval from the U.S. SEC and held a successful shareholder vote, with the remaining closing conditions expected to be met.

Evernorth will list under the XRPN ticker and hold up to 473 million XRP on its balance sheet, making it the largest publicly traded XRP treasury company if this happens.

The company expects to receive about $300 million in gross cash proceeds from the transaction, which involves Armada shareholders contributing their XRP holdings.