Four Major Things You Need to Know about the First Ever XRP Treasury Company

In the evolving landscape of digital assets, one move stands out: the creation of a publicly-traded corporate vehicle built explicitly to hold a single cryptocurrency on its balance sheet and offer equity investors indirect ￰0￱ new structure represents a bridge between traditional securities markets and the token ￰1￱ Deal and the Funding According to the X-post by Dominic Kwok, the company – Evernorth Holdings Inc. – is pursuing a business combination agreement via a SPAC merger with Armada Acquisition Corp II (Nasdaq: AACI) to secure over $1 billion in gross ￰2￱ funding includes a reported anchor investment of $200 million from Japan’s SBI Holdings , as well as other strategic capital contributions from Ripple Labs , venture firms such as Pantera Capital, trading firms like Kraken, and notable participation from co-founder Chris ￰3￱ the deal closes (targeted for Q1 2026), Evernorth expects to trade on Nasdaq under the ticker “XRPN”.

everything you need to know about the first ever $XRP treasury company: – $1 billion raised to buy $XRP – purchases made on open market – major investors: SBI, @ripple , co-founder @chrislarsensf – provide stock market investors with exposure to XRP long-term goal: drive XRP… — Dom | EasyA (@dom_kwok) October 20, 2025 Open-Market Acquisitions of XRP Evernorth’s announced strategy emphasizes the use of net proceeds primarily for open-market purchases of the cryptocurrency XRP —rather than relying on issuer distributions or private ￰4￱ accumulating XRP on exchanges and potentially via OTC channels, Evernorth positions itself as an active treasury operator rather than a passive ￰5￱ firm also plans to engage in yield-generation strategies (such as lending, liquidity provisioning, and DeFi) to grow XRP holdings per share over ￰6￱ Investors and Institutional Signal The involvement of SBI Holdings, Ripple Labs , and Chris Larsen offers strong signaling to the ￰7￱ Ripple’s infrastructure and ecosystem alignment, and SBI’s financial backing, the vehicle gains ￰8￱ Kwok highlights that such participation applies not only to capital but also relationships deep in the XRP ledger ￰9￱ investors also include Pantera, Kraken, and ￰10￱ institutional investors, this means equity exposure to a crypto asset without directly holding it—and for the XRP ecosystem, it means a publicly accountable sponsor with large buying ￰11￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Strategic Vision: Utility, Adoption and Institutionalization Evernorth is not just a purchase ￰12￱ long-term goal is to accelerate the utility of the XRP ledger and contribute to the institutionalization of the ￰13￱ to its release, Evernorth intends to engage in validator operations, use XRP as collateral in DeFi, support the stable-coin corridor around Ripple’s RLUSD, and generally provide product flows that increase real-world usage of ￰14￱ providing a regulated, listed vehicle, Evernorth offers traditional capital markets investors exposure to XRP’s price dynamics, while also anchoring that exposure in an operational strategy aligned with the growth of the XRP ￰15￱ summary, the establishment of Evernorth marks a significant milestone in the maturation of digital-asset strategy: for the first time, investors may gain “stock market access” to XRP via a dedicated equity vehicle raised to accumulate the token at scale, fully backed by major industry players, and structured with ambitious participation in the ecosystem’s ￰16￱ Kwok’s post frames this as the first of its kind treasury company, and the publicly available filings and announcements confirm the core mechanics, backers, and ￰17￱ those watching the market, the crucial aspects to focus on include XRP’s acquisition rate, the board’s governance of holdings, the performance of yield strategies, and the model’s potential impact on institutions’ interest in token-based treasuries moving ￰18￱ : This content is meant to inform and should not be considered financial ￰19￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰20￱ are urged to do in-depth research before making any investment ￰21￱ action taken by the reader is strictly at their own ￰22￱ Tabloid is not responsible for any financial ￰23￱ us on Twitter , Facebook , Telegram , and Google News