🔥🚨 JUST IN: Ripple-backed XRP treasury Evernorth just closed its SPAC merger, dragging 473M XRP and $300M cash onto Nasdaq with XRPN set to trade Monday.
LATEST: 💰 Evernorth Holdings says it will begin deploying its 473M XRP treasury into institutional strategies starting Q4, naming Ripple, Kraken ... Show more
Key FactsEvernorth Debuts on Nasdaq With 473 Million XRP
6 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: coinmarketcap.com
  • After completing its merger with Armada Acquisition Corp. II on October 9, XRPN entered Nasdaq trading on Monday.

  • Ripple, a linked trust and the sponsor supplied roughly 80% of the XRP; Evernorth purchased 84 million in November 2025.

  • At 11:35 a.m. ET Monday, XRP recorded losses of 1.9% over 24 hours and 7.9% across seven days.

  • Evernorth intends to lend XRP, provide liquidity and pursue yield strategies, but released no timetable for additional purchases.
  • We would rather be a participant in this transformation than a spectator of it.
    — Asheesh Birla, Evernorth founder and CEO, wrote in The Block.
🚨 NEW: XRP Ledger Foundation says no new XRP was created by the recently patched ledger bug, with supply still capped at 100 billion and fixed in version 3.4.1.
🔥⚡ HUGE: The XRP Ledger just disclosed an overflow bug that could have created spendable XRP beyond the total supply for a few hundred XRP in reserves ... Show more
🇺🇸 ETF FLOWS: BTC spot ETFs saw net inflows on Oct. 15, while ETH, SOL and XRP spot ETFs saw net outflows. BTC: $5.06M ETH: -$60.22M SOL: -$9.82M XRP: -$104 ... Show more
🇺🇸 ETF FLOWS: Spot crypto ETFs recorded net outflows across all four major assets on October 16th. BTC: -$82.39M ETH: -$69.68M XRP: -$2.47M SOL: -$12.67M
LATEST: ⚡️ Cross River has integrated Ripple’s RLUSD into its core banking platform, enabling fintechs to access XRP Ledger settlement through the same API ... Show more
🔥 ETF FLOWS: BTC, ETH and SOL spot ETFs saw net outflows, while XRP saw net inflows on October 8th. BTC: -$244.00M ETH: -$72.54M SOL: -$3.32M XRP: +$8.17M
LATEST: ⚡️ DriveWealth is partnering with Ripple to bring RLUSD stablecoin settlement, cross-border payments, and digital asset custody into its global ... Show more
🇰🇷 JUST IN: Ripple partners with Meritz Securities to explore bringing its custody and tokenization tools to South Korea’s capital markets ... Show more
LATEST: ⚡️ Ripple Prime launched RWA perpetual swaps for institutions, letting clients trade 100+ equities, ETFs, commodities and FX markets using RLUSD as ... Show more
LATEST: ⚡️ XRP Ledger has activated PermissionDelegationV1_1, letting account owners hand specific tasks to helper accounts without sharing their primary keys.
🇺🇸 ETF FLOWS: BTC and XRP spot ETFs saw net inflows, while ETH and SOL saw net outflows on October 6th. BTC: +$118.80M ETH: -$201.89M SOL: -$3.68M XRP: +$3.14M
LATEST: 📊 US spot XRP ETFs posted $11.3M in net inflows last week, extending their inflow streak to 13 straight weeks, the longest since launching last ... Show more
LATEST: 📊 US XRP ETFs have now logged 12 straight weeks of net inflows.
LATEST: 💰 XRP treasury firm Evernorth won shareholder approval for its $1B merger with Armada II, clearing the path to debut on Nasdaq as XRPN on Oct. 8.
LATEST: 🇰🇷 South Korea's Meritz Securities is partnering with Ripple to explore tokenization and Ripple Custody for the country's capital markets.
LATEST: ⚡ $35B hedge fund Brevan Howard will use Ripple Prime for multi-asset prime brokerage, clearing, and financing, building on its existing investment in ... Show more
ICYMI: ⚡️ Ripple CTO emeritus David Schwartz says fee revenue is a "terrible metric" for valuing L1s because it measures how much friction a network ... Show more
UPDATE: 💰 XRP treasury firm Evernorth now expects to close its merger with Armada II on Friday, after an administrative delay ... Show more
LATEST: 💰 OKX received a strategic investment from Circle, Ripple, Standard Chartered's SC Ventures, and QRT at a $25B pre-money valuation.
🇧🇷 JUST IN: Brazil's CSD BR partners with Ripple to mirror securities ownership records on the XRP Ledger, starting with BTG Pactual fund shares.
🇺🇸 ETF FLOWS: BTC, ETH, SOL and XRP spot ETFs saw net inflows on Sept. 25. BTC: $134.47M ETH: $86.95M SOL: $86.67M XRP: $22.65M
LATEST: 📊 Trader Peter Brandt says XRP's charts alone are always "enough reason for us to make a bet" on the coin.
LATEST: 📊 Grayscale's Zach Pandl says Zcash has room to keep gaining vs. Bitcoin, noting ZEC sits at just ~1.5% of BTC's market cap while XRP, BCH ... Show more
🇺🇸 ETF FLOWS: BTC and ETH saw strong net inflows, while XRP posted a small outflow and SOL was flat. BTC: +$433M ETH: +$143M SOL: $0 XRP: -$43K
🚨 RIPPLE: The CLARITY Act’s failure is a “tremendous missed opportunity,” but XRP’s legal status remains unchanged and Ripple “stands on settled ground.”
LATEST: ⚡ Ripple has updated its XRP Ledger AI Starter Kit to support Stripe and Tempo's Machine Payments Protocol, letting AI agents pay for services ... Show more
LATEST: 🇺🇸 Ripple CEO Brad Garlinghouse says he still sees "reason for optimism" after the CLARITY Act failed its cloture vote ... Show more
🔥 LATEST: Grayscale’s new model portfolio allocates 42% to $ETH and 26% to $XRP.
LATEST: ⚡ Ripple stablecoin chief Jack McDonald says the firm's corporate treasury customers "touch roughly $13 trillion worth of transactions" ... Show more
LATEST: ⚡️ Bangkok-based IVF provider NewGenIVF Group disclosed in an SEC filing that it bought 146,432 XRP last year before selling its entire holding.
LATEST: ⚡️ Ripple struck a multi-year deal to bring XRP branding to Louisville Basketball, with the logo becoming a permanent fixture on the University of ... Show more
🚨 BIG: Ripple just launched GSmart which brings governed AI into enterprise treasury with human approval at every step.
LATEST: 🇺🇸 Ripple struck a multi-year deal with Florida Athletics to bring XRP branding to Ben Hill Griffin Stadium starting with the 2026 football season.
🚨 INSIGHT: XRP futures trading volume has hit a six-month high, signaling renewed market activity, according to CryptoQuant analyst.
LATEST: ⚡️ Ripple CEO Brad Garlinghouse says crypto would allow central banks to store and move value "instantly, securely, around the world ... Show more
🇺🇸 ETF FLOWS: BTC and ETH spot ETFs saw net inflows, while SOL saw a net outflow and XRP saw no flows. BTC: $174.6M ETH: $26.46M SOL: -$5.21M XRP: $0
🔥 JUST IN: Ripple has donated $300,000 to help provide food and water to the people devastated by flooding in Nepal and Tibet.
LATEST: 📊 Ethereum ETFs extended their inflow streak to 11 straight sessions on Monday, while XRP and Solana funds each hit a 10th consecutive positive day.
Wall Street Is Opening the Altcoin Floodgates — Will Investors Follow?: Wall Street brokerages are expanding direct altcoin trading, but ETF flows show demand ...
coinmarketcap.com/academy/article/wall-street-altcoin-floodgates-will-investors-follow
Wall Street Is Opening the Altcoin Floodgates — Will Investors Follow?
LATEST: 📊 US spot XRP ETFs pulled in $110.49M last week in inflows, their weekly best performance of 2026.
🔥 LATEST: Bitwise’s XRP ETF has surpassed $500M in assets under management just nine months after launch.
LATEST: 📊 Goldman Sachs is the top holder of spot XRP ETFs with $87.4M in exposure as of Q2 filings, followed by Jane Street and Millennium Management ... Show more
➡️ Watch the full interview: YouTube/ DER AKTIONÄR TV The U.S. economy is sending weak signals, U.S. debt has surpassed $40 trillion for the first time ... Show more
XRP’s Largest Liquidation Day of 2026 Hit $114M XRP recorded $114M in liquidations across aggregated perpetual futures on Aug. 22 ... Show more
Weekly Top Gainers 1️⃣ BOOK OF MEME: +95.57% 2️⃣ Ethena: +54.66% 3️⃣ GEODNET: +49.34% 4️⃣ Venice Token: +38.95% 5️⃣ SPX6900: +38.58% 6️⃣ Pump​.​fun: +35 ... Show more
LATEST: ⚡️ Ripple Prime launched a Delta One business for institutional equity derivatives, with over $1B in regulatory net capital.
LATEST: 📊 The Bitwise XRP ETF saw its 3 highest-volume sessions ever, with $80M+ traded on Monday and $60M+ each of the prior two days ... Show more
LATEST: 💰 Ripple is backing a new RLUSD credit fund with Clearpool and Cicada Partners to issue working-capital loans to fintechs on the XRP Ledger.
🇺🇸 ETF FLOWS: Crypto spot ETFs saw broad net inflows last week, with BTC leading at $1.92B and ETH at $697.18M. BTC: $1.92B ETH: $697.18M XRP: $39 ... Show more
LATEST: 🇺🇸 Ripple CLO Stuart Alderoty says the CLARITY Act's Sept. 15 procedural vote will be a "bellwether mark as to whether this continues to ... Show more
LATEST: ⚡ Ripple raised $275M in its debut senior notes offering to fund the buildout of its prime brokerage arm, Ripple Prime.
⚡️ UPDATE: Ripple CEO Brad Garlinghouse says the company is now “more neutral” on going public than it was before, but has made no decision on an IPO.
LATEST: 🏦 Ripple signed its third South Korean partnership of 2026, teaming up with Jeonbuk Bank for near-real-time cross-border payments.
⚡️ UPDATE: $XRP wallets holding at least 1 million tokens rose by 32 over the past three months despite XRP’s market cap falling 29%, according to Santiment.
LATEST: 🚨 Tx confirmed its XRPL bridge was exploited on Aug. 9 after an attacker used fake deposits to drain real XRP from its reserve ... Show more
LATEST: 🔒 XRP Ledger version 3.3.0 proposes Confidential Transfers, letting institutional users encrypt token balances and payment amounts for tokenized assets.