XRP Treasury Evernorth Nears Merger, Names Ripple’s Stuart Alderoty Among Directors
By Varinder Singh
Evernorth Holdings, a Ripple-backed XRP treasury, filed an amendment to its Form S-4 with the US SEC, marking major progress toward a merger with Armada Acquisition Corp II. The firm also nominated Ripple's Chief Legal Officer, Stuart Alderoty, to its board of directors. This development aims to establish Evernorth as the largest public XRP treasury.
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