Evernorth XRP Treasury Deal: What the Nasdaq Listing Could Mean for XRP Holdings
- Published
- Updated
Armada Acquisition Corp. II shareholders were set to vote on Sept. 30 on a proposed merger with Evernorth, a company focused on holding and managing XRP. If approved and completed, the combined company would trade on Nasdaq under the ticker XRPN and would be tied to a $1 billion XRP treasury plan.
Key claims & sources
What it means
Armada shareholders would be the ones directly deciding on the merger, and that vote was scheduled for Sept. 30. If the merger is completed, market participants watching XRP and Nasdaq listings would see a new public company under the XRPN ticker.
Market reaction i
XRP fell 0.7% in the 4 hours after the first headline, after a flat 2 hours before.
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Coverage timeline
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What US 10-year Treasury has done before
| When | What happened | Figure |
|---|---|---|
| 4 days ago | US 10-year Treasury: 4.84 (-0.06) fall | Nov 2026 |
| 5 days ago | US 10-year Treasury: 4.9 (-0.05) fall | Nov 2026 |
| 6 days ago | US 10-year Treasury: 4.95 (+0.04) rise | Nov 2026 |
| 7 days ago | US 10-year Treasury: 4.91 (-0.03) fall | Nov 2026 |
| 10 days ago | US 10-year Treasury: 4.94 (-0.04) fall | Oct 2026 |
FRED series, with the value of each release and its change.