CoinScoopEvernorth secures $30 million in convertible debt from NH Investment & Securities
XRP treasury management firm Evernorth has raised $30 million through a convertible bond issuance led by South Korean institution NH Investment & Securities. The funding is contingent on Evernorth's successful merger with a SPAC, with proceeds intended for pre-listing XRP spot purchases ahead of a planned Nasdaq debut under the ticker XRPN.
Summaries are written by AI from the original article. Not investment advice.