XRP Set to Trade on Nasdaq Through Evernorth Holdings
Evernorth Holdings will begin trading on Nasdaq under the ticker XRPN on October 12, offering indirect XRP exposure to stock market investors.
Evernorth Holdings will begin trading on Nasdaq under the ticker XRPN on October 12, offering indirect XRP exposure to stock market investors. XRP (XRP) is trading at $1.41. This is an original Token Times brief synthesising 2 outlets (BeInCrypto, Crypto.news), plus live market data, as of Mon, 12 Oct 2026 00:00:01 UTC.
This development provides traditional investors with indirect exposure to XRP through the regulated stock market, potentially increasing mainstream adoption and liquidity for the token.
- Evernorth completed merger with Armada Acquisition Corp II on October 9.
- Company holds ~473 million XRP and raised $300M in gross cash proceeds.
- XRP trading on Nasdaq via XRPN ticker begins October 12.
- XRP market cap stands at $88.91B with current price at $1.41.
BeInCrypto and Crypto.news both report that Evernorth Holdings has completed its merger with Armada Acquisition Corp II and will begin trading on Nasdaq under the ticker XRPN on October 12. They agree that Evernorth holds approximately 473 million XRP and raised $300 million in gross cash proceeds. However, only Crypto.news specifies that the merger was with Armada Acquisition Corp II, while BeInCrypto focuses on the upcoming Nasdaq debut.
- Evernorth Completes SPAC Merger, Listing 473M XRP on Nasdaq
- XRP Set to Trade on Nasdaq Through Evernorth Holdings — this brief
Evernorth Holdings, a company with a significant 
XRP reserve, is set to begin trading on Nasdaq on October 12 under the ticker XRPN. This development follows the completion of its merger with Armada Acquisition Corp II, as reported by multiple outlets.
The company currently holds approximately 473 million XRP, according to Crypto.news, and has raised about $300 million in gross cash proceeds. This merger and subsequent Nasdaq listing provide a new avenue for investors to gain indirect exposure to XRP through the traditional stock market.
While BeInCrypto emphasizes the upcoming Nasdaq debut, Crypto.news provides additional details about the merger with Armada Acquisition Corp II. Both outlets confirm the key figures of 473 million XRP and $300 million in proceeds.
The development comes at a time when the total cryptocurrency market cap is around $2.9 trillion, with 
Bitcoin showing a 24-hour gain of 0.74%. XRP itself is currently priced at $1.41, representing a 0.33% increase over the past day but a 7-day decline of 6.64%. The token's market cap stands at $88.91 billion.
This move could potentially attract more mainstream investors to XRP, as it allows for investment through a regulated stock market platform. It also adds a layer of legitimacy and accessibility to the cryptocurrency, which may positively impact its market performance.
Since this brief published about 1 hour ago, XRP (XRP) has moved from $1.41 to $1.41 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹147.7 (about $1.41), up 0.6% over 24 hours. The rupee itself trades about 8.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 11, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
XRP Set to Trade on Nasdaq Through Evernorth Holdings — questions & answers
What is Evernorth Holdings?
Evernorth Holdings is a company that holds a large reserve of XRP and has completed a merger with Armada Acquisition Corp II.
When will Evernorth begin trading on Nasdaq?
Evernorth is expected to begin trading on Nasdaq on October 12 under the ticker XRPN.
How much XRP does Evernorth hold?
Evernorth holds approximately 473 million XRP, according to Crypto.news.
How much is 1 XRP worth in rupee today?
About ₹147.7 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.41. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from BeInCrypto, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.