Web3
Ripple-Backed Evernorth to Raise $80.7 Million Through Cantor Unit for XRP Purchases
COINOTAG·October 26, 2026·1 min read
Ripple-backed Evernorth (XRPN) will issue 5.2 million shares via Cantor's CF Principal unit to raise an estimated $80.7 million for further XRP purchases. The fundraising follows Evernorth's strategy of accumulating XRP, with the new capital expected to support additional acquisitions of the token.
Read at COINOTAGDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.