Markets
The 'Largest Pure-Play' XRP Treasury Is About to Go Public
Decrypt·October 1, 2026·1 min read
Shareholders approved Evernorth's merger with Armada Acquisition Corp. II, clearing the way for the Ripple-backed firm to begin trading Oct. 8 with a stash of roughly 473 million XRP. The company is described as the 'largest pure-play' XRP treasury, positioning it as a significant holder of the token.
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