Ripple-Backed Evernorth Hits Nasdaq Holding 473 Million XRP Worth Far Less Than It Paid
Evernorth's XRPN shares began trading Monday after its SPAC merger closed, but 80% of SPAC investors cashed out first and its XRP stash is worth roughly 40% less than at signing.
Evernorth's XRPN shares began trading Monday after its SPAC merger closed, but 80% of SPAC investors cashed out first and its XRP stash is worth roughly 40% less than at signing.
Related market data
- XRP: price 1.362, 24h -3.67%, funding -0.0034%/h, OI $285.57M
Read the full story at decrypt.co: https://decrypt.co/380728/ripple-backed-evernorth-hits-nasdaq-holding-473-million-xrp