$672 Million XRP Treasury Firm Is One Final Vote Away From Nasdaq
The SEC declared Evernorth’s S-4 registration effective on August 27, clearing the final regulatory hurdle before its planned Nasdaq listing under the ticker XRPN. The XRP treasury company, backed by Ripple, Kraken, and Pantera Capital, now moves toward a decisive shareholder vote scheduled for September 30. A Decisive Vote Set for September 30 Evernorth plans The post $672 Million XRP Treasury Firm Is One Final Vote Away From Nasdaq appeared first on BeInCrypto.
Key Takeaways
- The SEC declared Evernorth’s S-4 registration effective on August 27, clearing the final regulatory hurdle before its planned Nasdaq listing under the ticker XRPN.
- The XRP treasury company, backed by Ripple, Kraken, and Pantera Capital, now moves toward a decisive shareholder vote scheduled for September 30.
- A Decisive Vote Set for September 30 Evernorth plans The post $672 Million XRP Treasury Firm Is One Final Vote Away From Nasdaq appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
BTC Rejects $81,500 as Whales Build Massive Sell Wall at $81K
Bitcoin briefly rallied to $81,500 before pulling back below $79,300, failing to hold the critical $80,000 support level for the second time in a week. Bitcoin Loses Steam Ahead of Fed Chair Speech Bitcoin lost momentum soon after breaching $81,000, as…
Ripple moves to shrink XRP Ledger attack surface as AI audit tests lending push
Ripple is moving to shrink the XRP Ledger’s (XRPL) attack surface as it prepares to expand native lending. The company has recommended removing more than 10,000 lines of unused XChainBridge code while Lending Protocol V1.1 undergoes an AI-only security review…
Fed Chair Warsh Calls AI a 'Hinge Point in History'—4 Key Things He Said
Fed Chair Warsh devoted a full section of his speech today at Jackson Hole to AI's weight on the economy. Here are the biggest takeaways.