XRP Sets Ambitious Goals with $1 Billion Nasdaq Listing Plan

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

XRP-1.743%

Source: Coinmarketcap

Updated: Oct 22 2025

Ripple and Evernorth Merger: Ripple Labs and Evernorth Holdings are merging with SPAC Armada Acquisition Corp II to create a $1 billion treasury and list XRP on Nasdaq under the XRPN ticker, aiming to enhance institutional engagement in the crypto market.
Market Impact: The announcement has already led to a 6% increase in XRP's price, indicating strong market interest and potential for increased liquidity and institutional adoption.
Strategic Goals: The merger is designed to position XRP for a significant market resurgence, with a focus on direct market engagement and strategic investments to bolster XRP's liquidity.
Regulatory Oversight: The Nasdaq listing will bring regulatory scrutiny and transparency, aligning XRP with U.S. securities laws and potentially reshaping corporate treasury management in the cryptocurrency space.

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.

XRP Sets Ambitious Goals with $1 Billion Nasdaq Listing Plan

About the author

Top News

Oil Firms Cautious on Venezuela Investment Push

GM Reports $7.1 Billion Charge Amid EV Shift

Stock Market Wraps 2025 with Double-Digit Gains

Novo Nordisk's Weight-Loss Pill Approval: Key Impacts

Related Articles

Meta Doubles Down on AI with $135 Billion Capital Spending Plan for 2026

Deutsche Bank Q4 Earnings Exceed Expectations Amid Raids

People Also Watch