Ripple-backed crypto venture Evernorth to list on Nasdaq through a merger with Armada Acquisition Corp II
Evernorth is set to list publicly on the Nasdaq through a merger with Armada Acquisition Corp II. The merger follows the current trend of crypto ventures using special-purpose acquisition companies (SPACs) to go public, rather than the more complex and time-consuming traditional IPO route. The newly formed company will focus on accumulating XRP, which is [...]