Evernorth Holdings filed with the SEC to register up to 5.2 million shares for resale to Cantor Fitzgerald affiliate Cantor, potentially raising $80.7 million gross. The funds will support additional XRP purchases and other corporate uses. Evernorth aims to increase its XRP holdings following its recent Nasdaq debut with 473 million XRP. The company also has warrants that could generate another $106.8 million if exercised. This financing strategy may dilute existing shareholders but supports Evernorth's goal to expand its XRP treasury and participate in XRP ecosystem activities, including lending and credit markets on the XRP Ledger.
Evernorth's plan to register 5.2 million shares for XRP purchases is noted here with Pluang market data as of Oct 26, 2026 03:21 WIB: Among 50 major cryptocurrencies on Pluang, 23 rose and 25 fell today. Notable movers include ALGO at Rp1.913 with a 2.30% increase and a Pluang order activity heavily skewed to selling at 98%, FIL at Rp16.579 down 2.06% with 67% selling activity, and FTM at Rp11.382 down 2.05%. The most notable figure is ALGO's 98% sell order activity.
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