XRP Treasury Inches Closer to Nasdaq Listing

XRP Treasury's plans for a Nasdaq listing are moving forward after the SEC declared Evernorth's registration statement effective. The proposed transaction is pending shareholder approval, with a vote scheduled for September 30.

Evernorth aims to hold hundreds of millions of XRP as a corporate treasury asset, providing investors with access through a listed company. This approach connects cryptocurrency ownership with conventional public-market structures.

The development has sparked comparisons with SHIB, which some supporters are calling for to be treated similarly by Nasdaq. However, no comparable SHIB treasury filing or transaction has been provided so far.