backed Evernorth to go public via $1B Nasdaq SPAC deal, aiming to become the largest XRP treasury

Ripple-backed crypto venture Evernorth is joining the public markets in a $1 billion Nasdaq SPAC deal with Armada Acquisition Corp II, signaling a major return of investor appetite for digital asset firms, Reuters reported. The company plans to become the largest XRP treasury, a move that aligns with Ripple’s broader goal of scaling institutional adoption

Ripple-backed crypto venture Evernorth is joining the public markets in a $1 billion Nasdaq SPAC deal with Armada Acquisition Corp II, signaling a major return of investor appetite for digital asset firms, Reuters reported. The company plans to becom… [2955 chars]

Source: TechStartups.com | Published: 2025-10-20T12:31:06Z

Credit: TechStartups.com