Ripple-Backed Evernorth Heads to Nasdaq Under Ticker XRPN
Evernorth faces a September 30 shareholder vote to finalize its shell merger and list on Nasdaq.
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
Key takeaways
- The SEC cleared merger paperwork for Ripple-backed Evernorth.
- Shareholders will vote on the proposed merger on September 30.
- If approved, the XRP treasury firm will trade on Nasdaq under ticker XRPN.
Evernorth is right on Wall Street's doorstep.
The U.S. Securities and Exchange Commission just cleared the paperwork, allowing the Ripple-backed XRP treasury firm to merge with a public shell company. That regulatory green light sets up a final shareholder vote on September 30. If approved, the company lists on Nasdaq under the ticker symbol XRPN.
A Public Vehicle for XRP
Evernorth operates as a corporate treasury firm built specifically to hold XRP. Backed by Ripple, its structure lets investors grab equity exposure to XRP holdings through normal stock markets instead of buying crypto directly on an exchange.
Why it matters
MicroStrategy proved Wall Street has a serious appetite for corporate treasuries built around crypto assets. Evernorth is bringing that exact playbook to XRP. A Nasdaq listing gives institutional investors and traditional portfolios a regulated equity route to trade XRP exposure—no custody hassles, no crypto exchanges. If shareholders vote yes on September 30, XRP gets its first dedicated treasury vehicle on a major U.S. stock exchange.
Source: CoinDesk
Top Crypto Casinos Right Now
🇦🇺 Showing sites that accept players from Australia Change country
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
More info Less info
Why we chose it: A US-oriented casino that turns away only New Jersey. The cashier takes crypto, but the site publishes fewer specifics than any operator we list.
- KYC
- Required
Restricted countries: New Jersey (US).
More info Less info
Why we chose it: One of the widest crypto line-ups of any book we list - seven coins with fast payouts - aimed squarely at Asia and Latin America rather than the US or Western Europe.
- Licence
- Curacao
Restricted countries: Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia and 21 more.
More info Less info
Why we chose it: Built for American bettors, priced accordingly. Biggest welcome bonus of the five, attached to the heaviest rollover of the five.
- Online since
- 1994
- Licence
- Curaçao
- Payout time
- 24–48 hours (crypto)
- Wagering
- 18x sportsbook / 30x casino
- KYC
- Required
Restricted countries: Belgium, Costa Rica, Croatia, Curaçao, Aruba, Sint Maarten, Caribbean Netherlands, France and 11 more.
Daniel Okoro
Daniel tracks crypto regulation and policy across the US, EU and Asia, with a decade in financial journalism.
