XRP: Evernorth Launches $1 Billion Initiative to Create the World’s Largest Treasury
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 20 2025Evernorth Holdings Goes Public: Evernorth Holdings Inc. is set to go public through a merger with Armada Acquisition Corp II, aiming to raise over $1 billion and trade on Nasdaq under the ticker “XRPN,” enhancing XRP's role in traditional finance.
Active XRP Treasury Strategy: The company plans to create the world's largest institutional XRP treasury, focusing on active growth through institutional lending, liquidity provisioning, and DeFi yield generation, rather than just passive exposure to XRP's price.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
