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The encryption company Evernorth announced that it will be listed on NASDAQ and raise 1 billion USD.
According to a report by Jinse Finance, Ripple-backed crypto assets company Evernorth announced that it will go public on NASDAQ through a merger with Armada Acquisition Corp II (AACI.O), expecting to raise over $1 billion. The company plans to become the largest XRP fund pool and the US-listed company holding the most XRP. It is reported that this transaction is expected to be completed in the first quarter of 2026.