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Evernorth to list on Nasdaq via SPAC and focus on XRP infrastructure, Michael Geike confirms
Evernorth, a Ripple-supported entity, is preparing to go public on Nasdaq through a SPAC deal and will target the XRPN ticker. Michael Geike shared that the company currently holds 388 million XRP and aims to become a treasury and infrastructure vehicle centered on XRP.
Evernorth is positioning itself to support the XRP ecosystem as it approaches its public listing.
Evernorth’s forthcoming Nasdaq debut highlights ongoing developments in digital asset infrastructure, particularly as firms expand their use of XRP in mainstream finance. This trajectory builds upon recent initiatives such as Coinbase’s introduction of USDC loans secured by XRP and Cardano, underscoring the growing integration of cryptocurrencies in lending markets. Additionally, persistent regulatory evolution, including joint guidance from the SEC and CFTC, continues to define the operating landscape for entities like Evernorth as the industry moves toward greater institutional adoption.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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