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CryptoMediumUpdated•Originally published 2 October 2026•Updated 2 October 2026•
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Evernorth Shareholders Approve $300M XRP Treasury Deal

Key Facts

1Evernorth shareholders approved an XRP treasury deal expected to generate approximately $300 million in gross proceeds.
2The deal is scheduled to close on October 7, 2026, subject to remaining conditions.

Evernorth shareholders approved an XRP treasury deal expected to generate approximately $300 million in gross proceeds. According to cryptonews.com, the vote marks a key corporate milestone in integrating XRP into the company's treasury structure.

The deal is scheduled to close on October 7, 2026, subject to the satisfaction of remaining conditions. This transaction reflects a strategic move to secure capital through digital assets, with the shareholder approval serving as the final regulatory hurdle before the official closing.

Latest Updates · 1

  1. Notable·

    Update: Armada Acquisition Corp. II has been identified as the SPAC partner whose stakeholders voted in favor of the business combination with Evernorth. This confirmation clarifies the specific entity involved in the merger scheduled for October 2026.