The Largest XRP Treasury Goes Public, but Its Nasdaq Debut Ends in Red
Wall Street’s newest bet on XRP got off to a shaky start on Monday. Evernorth, a Ripple-backed company holding hundreds of millions of XRP, saw its Nasdaq stock surge before investors quickly sold the rally. Evernorth Holdings (XRPN) climbed to $19.38 before falling to $16.39. Shares eventually closed at $16.91, down 1.05%, with nearly 1.29 The post The Largest XRP Treasury Goes Public, but Its Nasdaq Debut Ends in Red appeared first on BeInCrypto.
Key Takeaways
- Wall Street’s newest bet on XRP got off to a shaky start on Monday.
- Evernorth, a Ripple-backed company holding hundreds of millions of XRP, saw its Nasdaq stock surge before investors quickly sold the rally.
- Evernorth Holdings (XRPN) climbed to $19.38 before falling to $16.39.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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