Evernorth expects to hold approximately 473 million XRP and roughly $300 million in gross cash once its SPAC deal closes next week. The company reports that its total fundraising has exceeded $1 billion through the transaction.
The upcoming merger positions Evernorth as a significant corporate holder of XRP with substantial liquidity. The finalized capital structure includes both the digital asset reserves and cash proceeds secured through the special purpose acquisition company process.
Evernorth to Hold 473 Million XRP Following SPAC Merger Next Week
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