Evernorth completes SPAC merger bringing 473 million XRP to Nasdaq market

Ripple-backed Evernorth has finalized its SPAC merger with 473 million XRP in treasury, pushing its expected Nasdaq listing to October 12 after an administrative delay.

FTMQ Startups, written by our newsroom11 October 2026 at 01:010 views

Ripple-backed firm Evernorth has completed its special purpose acquisition company merger, positioning a treasury of 473 million XRP for an upcoming public market debut on the Nasdaq exchange. Crypto News, CoinGape, CryptoPotato, TechBullion, and TOKENPOST all reported that the company completed the merger to bring the multi-million XRP treasury to the stock market. [1][3][4][5][6]

Investors waiting for public exposure to the XRP treasury will face a short schedule adjustment. According to Crowdfund Insider, Evernorth issued a statement on October 6 explaining that an administrative delay had pushed its expected timetable and shifted its Nasdaq debut to October 12. [2]

The Nasdaq exchange lists over 3,000 companies and supports trading in equities, exchange-traded products, and derivatives. Operated by Nasdaq, Inc., its broad benchmark tracks domestic and international common stocks listed on the electronic platform. [7]

Evernorth completed its SPAC merger holding a treasury of 473 million XRP.
The company's planned Nasdaq listing was adjusted to October 12 following an administrative delay.
Evernorth announced the schedule update in a statement issued on October 6.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

[1]Evernorth completes merger with 473m XRP ahead of Nasdaq debutCrypto News, 15h ago (the report this story comes from)
[2]Evernorth Pushes Expected XRP Treasury Nasdaq Debut to October 12 Following Administrative DelayCrowdfund Insider, 20h ago
[3]Ripple-Backed Evernorth Completes SPAC Merger, Bringing 473M XRP to NasdaqCoinGape, 16h ago
[4]XRP’s Nasdaq Moment Is Here: Evernorth Completes MergerCryptoPotato, 18h ago
[5]One New Cryptocurrency Keeps Drawing Smart Money as Evernorth Takes 473M XRP to NasdaqTechBullion, 1d ago
[6]Evernorth Completes SPAC Merger With 473 Million XRP TreasuryTOKENPOST, 1d ago

Background

[7]Nasdaq on Grokipedia

Our newsroom writes these reports with the help of software, from the 7 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

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