CryptoMedium•12 October 2026•
1 min read

Evernorth Debuts on Nasdaq as First XRP Asset Treasury Company

Key Facts

1Evernorth began trading on Nasdaq under the ticker XRPN as a dedicated XRP asset treasury company.
2The company holds approximately 473 million XRP tokens valued at about $657 million.

Evernorth began trading on Nasdaq under the ticker XRPN as a dedicated XRP asset treasury company. TokenPost reported that the company holds approximately 473 million XRP tokens, with the position valued at about $657 million.

The listing aims to provide institutional and retail investors with a regulated equity vehicle to gain exposure to XRP holdings, similar to the MicroStrategy model for Bitcoin. NDAQ, the operator of the Nasdaq exchange, closed at $93.65 on October 9, 2026.