Evernorth Plans $1B SPAC Merger to Establish XRP Treasury
CryptocurrencyEvernorthUpdated 11 hours ago

Evernorth Plans $1B SPAC Merger to Establish XRP Treasury

Evernorth, a company associated with Ripple, is preparing to go public through a $1 billion SPAC merger, aiming to create a significant public treasury based on XRP. This initiative is expected to attract institutional investors and enhance the credibility of XRP in the financial market, marking a pivotal moment for cryptocurrency's mainstream acceptance.

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Evernorth, linked to Ripple, is set to go public through a $1 billion SPAC deal, which could position it as one of the first public companies to base its balance sheet on XRP. This move highlights the increasing interest from institutional investors in digital assets, marking a significant step forward in the mainstream acceptance of cryptocurrencies.

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