Evernorth Nears Nasdaq Listing Following Upcoming Shareholder Vote

Shareholders of Armada Acquisition Corp. II are scheduled to vote on September 30 regarding a business combination that could lead to Evernorth becoming a publicly traded company on Nasdaq under the ticker XRPN. Evernorth, which currently holds approximately 473 million XRP, aims to actively deploy the token through yield strategies and infrastructure participation rather than operating as a passive fund. Proponents suggest that this listing would provide institutional and retail investors with a simplified method to gain exposure to XRP without the operational complexities of direct custody and management.