ChainCatcher News, Ripple-supported XRP treasury entity Evernorth is preparing to go public on NASDAQ through a SPAC merger, with the trading symbol XRPN. The company holds 388 million XRP tokens, currently valued at approximately $812 million.
CEO Asheesh Birla stated, “The timing couldn’t be better; we have the right regulatory environment, government support, and institutions ready to adopt.” Despite recent plummets in crypto reserve company valuations and many halting cryptocurrency purchases, Birla emphasized that Evernorth not only provides XRP exposure but also handles custody, compliance, and security obligations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Versus Bitcoin: Why a Failed Retest This Weekend Could Lead to 64% Decline - U.Today
The situation on the XRP-versus-Bitcoin chart looks like a "make or break" one for altcoin supporters. As of the end of the week, the pair is sitting in a critical zone that may determine the trend for the coming month.
What is visible on the TradingView chart is not just a retest of the 200-week m
UToday1h ago
Yesterday, the US XRP spot ETF experienced a single-day net inflow of $1,978,200.
On March 20, the US XRP spot ETF recorded a single-day net inflow of $1.9782 million, with Canary XRP ETF being the only product achieving net inflows. Total net inflows have reached $421 million. Currently, the total net asset value of XRP spot ETFs stands at $1.006 billion, with historical cumulative net inflows reaching $1.209 billion.
GateNews3h ago
Crypto Market Review: 3 Key XRP Levels Just Collided, Critical Shiba Inu (SHIB) Test for Upcoming Resistance, Ethereum (ETH) Might Lose $2,000 Next Week - U.Today
XRP's short-term momentum
Shiba Inu ready for more
Ethereum's bearish short-term outlook
Ethereum's main barrier
XRP is getting closer to a technically crucial area, where a number of support factors are coming together, which could be a turning point in price movement.
The 26
UToday6h ago
Virtuals Protocol And Ripple-Backed T54 Labs To Bring AI Agents To XRP Ledger
Virtuals Protocol, partnering with t54 Labs, plans to launch AI agents on the XRP Ledger, enabling autonomous transactions. The crypto community is excited about this innovation, which could significantly enhance XRPL's capabilities in finance, despite some concerns about risks and oracle dependencies.
Blockzeit6h ago
Special Deepsnitch AI Bonus Code: Limited Time Left! Maximize Presale Gains as $DSNT Eyes 100x Growth while Dogecoin Rebounds and XRP Faces Key Resistance
There is a special Deepsnitch AI bonus code with limited time left! The project is driving a surge of interest as early investors seek to boost returns before the presale ends. DeepSnitch AI ($DSNT) is already live, delivering real-time market verification and utility. This makes the project st
CaptainAltcoin8h ago
