Crypto company Evernorth announces plans to list on Nasdaq and raise $1 billion
Jinse Finance reported, citing Reuters, that the Ripple-backed cryptocurrency company Evernorth announced it will go public on Nasdaq through a merger with Armada Acquisition Corp II (AACI.O), with plans to raise over $1 billion. The company aims to become the largest XRP liquidity pool and the US-listed company holding the most XRP. The deal is expected to be completed in the first quarter of 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Liquid staking protocol Kinetiq launches token KNTQ, will airdrop 24% to kpoints holders
BNB treasury company Applied DNA completes PIPE financing and additionally purchases 4,908 BNB
