Crypto company Evernorth to list on Nasdaq, expected to raise more than $1 billion

Foresight News, according to Reuters, Evernorth, a cryptocurrency company backed by Ripple, announced that it will be listed on Nasdaq through a merger with Armada Acquisition Corp II (AACI.O), which is expected to raise more than $1 billion. The company plans to become the largest XRP fund pool and become the U.S. listed company with the largest XRP holdings. The transaction is expected to be completed in the first quarter of 2026.
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