Evernorth Holdings Inc., a newly formed Nevada corporation focused on enabling institutional-scale adoption of XRP, has acquired an additional 84,365,876 XRP for approximately $214 million, bringing its total XRP purchased and committed to over 473 million tokens. This latest acquisition follows Evernorth's previously announced business combination with Armada Acquisition Corp. II and is part of a long-term accumulation strategy to build an institutional-grade XRP treasury. Evernorth disclosed that the purchase was funded from advanced private placement proceeds and reflects its ongoing conviction in XRP as a critical internet asset.
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