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One platform for global traditional assets
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CryptoWorld News reports that Evernorth, supported by Ripple, is advancing its NASDAQ listing plans, having submitted the second revision of Form S-4 to the SEC. The company plans to go public through a merger with Armada Acquisition Corp II, with the stock ticker XRPN. It disclosed that it holds over 473 million XRP, valued at approximately $656 million, and expects to use its XRP holdings as a core part of its future institutional liquidity strategy.