Markets
Ripple (XRP) Price Gains as Evernorth Shareholders Approve Nasdaq Merger Deal
CoinCentral·October 2, 2026·1 min read
Armada Acquisition Corp. II shareholders approved the Evernorth merger on Oct. 1. Evernorth will hold roughly 473 million XRP once the deal closes. Trading on Nasdaq under ticker XRPN begins Oct. 8. The deal raises about $300 million in gross cash proceeds. XRP trades near $1.50, holding above key moving averages.
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