Evernorth Buys Additional $214M in XRP, Total Commitment Tops 473 Million Tokens

Reuters

Nov 04

Evernorth Buys Additional $214M in XRP, Total Commitment Tops 473 Million Tokens

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Armada Acquisition Corp. II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-263628), on November 04, 2025, and is solely responsible for the information contained therein.

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II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-263628), on November 04, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CI","symbol_name":"信诺保险","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251104:nNDLcbD5nD:1","article_id":"2580973424","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2580973424","pubTimestamp":1762262197,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"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. 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II published the original conte","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CI":"信诺保险","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4585":"ETF&股票定投概念","BK4588":"碎股","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0289739699.SGD":"AB INTERNATIONAL HEALTH CARE PORTFOLIO \"A\" (SGD) ACC","XRPN":"ARMADA ACQUISITION CORP II","LU0058720904.USD":"联博国际健康护理基金A","BK4196":"保健护理服务"},"translate_title":"Evernorth额外购买了2.14亿美元的XRP，承诺总额超过4.73亿枚代币","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XRPN":0.9,"CI":0.9},"content_text":"Evernorth Buys Additional $214M in XRP, Total Commitment Tops 473 Million Tokens\n    \n\n        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.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Armada Acquisition Corp. II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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