Armada Acquisition Corp. III · NASDAQ (us_market)
· · United States
Armada Acquisition Corp. III focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses. The company was incorporated in 2025 and is based in Philadelphia, Pennsylvania.
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Evernorth, backed by digital payments giant Ripple, announced on Oct. 20 that it will list on the Nasdaq through a merger with blank-check firm Armada Acquisition Corp II (NASDAQ:AACI). The company aims to become the world's first publicly traded XRP ...
Ripple’s new venture, Evernorth Holdings, has recently acquired around $1 billion worth of XRP XRP $2.64 24h volatility: 0.5% Market cap: $157.98 B Vol. 24h: $5.04 B tokens. The move marks one of the largest single-entity accumulations of XRP to date, suggesting a renewed institutional push for the cryptocurrency’s adoption. ...
Ripple-backed digital asset treasury firm, Evernorth Holdings Inc., has joined the likes of VivoPower International, Trident Digital Tech Holdings, and Webus, which have been stockpiling XRP XRP $2.63 24h volatility: 3.8% Market cap: $157.90 B Vol. 24h: $3.17 B . The firm allegedly holds approximately 261 million XRP, which is ...
XRP news is back in focus this week after a flurry of major announcements from Ripple and its ecosystem briefly pushed the token above the critical $2.40 mark, restoring bullish sentiment across both spot and derivatives markets. The move follows confirmation that David Schwartz, Ripple’s long-serving Chief Technology Officer, will ...
On October 20, Evernorth Holdings Inc. announced it will go public via a SPAC merger with Armada Acquisition Corp II. The company aims to build the world’s largest institutional XRP XRP $2.40 24h volatility: 1.4% Market cap: $144.29 B Vol. 24h: $4.69 B treasury. Both companies’ boards unanimously approved the ...
Ripple-backed Evernorth Holdings Inc. has announced plans to go public through a merger with special purpose acquisition company Armada Acquisition Corp II (Nasdaq: AACI). Upon completion, the combined entity will trade on Nasdaq under the ticker symbol “XRPN,” pending regulatory ...
Evernorth plans a $1 billion XRP purchase and Nasdaq listing to build the largest institutional XRP treasury by 2026.
Evernorth is raising more than $1 billion to buy up XRP, with backing from Ripple and support from the firm's executives.
A new Ripple-backed public vehicle is planned to buy XRP on the open market and pursue yield strategies.
(Reuters) -Evernorth, a new crypto venture backed by digital asset firm Ripple, said on Monday it will list on the Nasdaq through a merger with blank-check firm Armada Acquisition Corp II and is expected to raise more than $1 billion in proceeds. The digital asset treasury will focus on accumulating XRP, a token linked to Ripple and the fifth-largest cryptocurrency by market cap, according to data from CoinGecko. The move comes months after Wall Street's top regulator ended a high-profile crypto lawsuit, which accused Ripple of selling unregistered securities to institutional investors.
PHILADELPHIA, August 28, 2025--Armada Acquisition Corp. II (Nasdaq: AACI) ("Armada" or the "Company") today announced that it has completed a Sponsor Securities Purchase transaction under which Arrington XRP Capital Fund, LP ("Arrington") has acquired the securities of Armada Acquisition Corp. II owned by Armada Sponsor II LLC, the (now former) sponsor of Armada.
| Fund | Style | Shares | Value | % of Port | Change vs. last quarter | Period |
|---|---|---|---|---|---|---|
| TwoSigma | quant | 407.8K | $4.02M | 0.00% | New | 2026-03-31 |