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Ripple-backed Evernorth begins Nasdaq trading with 473 million XRP treasury

NewsFeeds update

Evernorth, a digital asset treasury firm backed by Ripple, started trading on the Nasdaq under the ticker XRPN, giving stock market investors exposure to XRP.

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The story so far: Evernorth SPAC merger and Nasdaq listing

XRP treasury company Evernorth merged with a SPAC and began trading on Nasdaq as XRPN, holding 473 million XRP. It has now registered investor-held shares, including holdings tied to Ripple Labs, SBI affiliates and Chris Larsen, for possible resale, while shares have fallen over 40% since the debut.

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  1. Ripple-backed Evernorth begins Nasdaq trading with 473 million XRP treasury

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