Evernorth Holdings holds 389 million XRP, close to 95% of its target_WEB3 CATCHER

Evernorth Holdings holds 389 million XRP, close to 95% of its target

2025-10-27 17:00:44 /

On October 27th, according to Cryptoquant data, Evernorth Holdings has accumulated 388,710,606.03 XRP (about 9.94 billion US dollars), becoming one of the major XRP institutional investors. The company, backed by Ripple, plans to go public through a SPAC merger with Armada Acquisition Corp II (NASDAQ: AACI), aiming to raise over 1 billion US dollars to expand its XRP reserves.

Disclaimer: This specification is preliminary and is subject to change at any time without notice.

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