Crypto company Evernorth announced it will go public on Nasdaq and raise $1 billion
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According to Reuters, the cryptocurrency company Evernorth, supported by Ripple, announced that it will go public on Nasdaq through a merger with Armada Acquisition Corp II (AACI.O), expecting to raise over $1 billion. The company plans to become the largest XRP fund pool and the U.S. listed company with the most XRP holdings. It is reported that this transaction is expected to be completed in the first quarter of 2026.
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