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XRP News: SEC Approves Ripple-Backed Evernorth to Raise Funds to Buy More XRP

CoinGape·October 21, 2026·1 min read
XRP News: SEC Approves Ripple-Backed Evernorth to Raise Funds to Buy More XRP

The SEC approved a prospectus for Ripple-backed Evernorth Holdings to issue up to 11,499,992 shares of XRPN Class A common stock upon warrant exercises. Proceeds may be used for XRP treasury growth, potentially increasing demand for XRP and supporting its price.

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