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Evernorth files $44M CEO equity package amid merger to list XRP treasury on Nasdaq

Market News
14 Jul 2026
Crypto news
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Bullish
Evernorth files $44M CEO equity package amid merger to list XRP treasury on Nasdaq

Evernorth has filed a $44 million equity award for CEO Asheesh Birla in an SEC filing as it progresses its merger with Armada Acquisition Corp II to create the largest Nasdaq-listed XRP treasury company. The merger, pending regulatory and shareholder approval, will list the combined entity under the ticker XRPN. Evernorth has secured over $1 billion from investors including Ripple and Pantera Capital. The company also launched a Japanese-language XRP information channel but has not announced local operations there yet.

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Mynd's Promethean launches AI Companion to help teachers create tailored lesson content on Apple devices.

Mynd's Promethean launches AI Companion to help teachers create tailored lesson content on Apple devices.

Mynd.ai's subsidiary Promethean has introduced AI Companion for its Explore Everything app, enabling educators to quickly generate customized teaching materials using on-device AI on Apple devices. This tool integrates directly into lessons, allowing...

Others
Bullish
4 hours ago
Solana ETF outperforms XRP ETF by 300%, signaling growing institutional interest.

Solana ETF outperforms XRP ETF by 300%, signaling growing institutional interest.

A recent report claims that a Solana ETF metric outpaced its XRP equivalent by about 300%, though the exact measurement and timeframe are unverified. Verified data shows Solana ETFs had $26.1 million in net inflows in one day, indicating strong insti...

Market News
Bullish
4 hours ago
MSCI's new index rules could force billions in stock sales, impacting firms like Strategy and Yellow Cake.

MSCI's new index rules could force billions in stock sales, impacting firms like Strategy and Yellow Cake.

MSCI's proposed test for 'non-operating companies' could remove firms such as Strategy, Metaplanet, and Yellow Cake from major indexes, potentially triggering billions in stock trades. The test focuses on 'operating assets,' a category not clearly de...

Market News
Bearish
4 hours ago
STARZ warns Verizon Fios may drop its channels if no new distribution deal is reached soon

STARZ warns Verizon Fios may drop its channels if no new distribution deal is reached soon

STARZ is in ongoing negotiations with Verizon to maintain distribution of its channels, STARZ On Demand, and app on Verizon Fios. STARZ emphasizes its role in providing diverse programming, especially for women and underrepresented audiences, and war...

Market News
Bearish
4 hours ago
NEAR shorts on Hyperliquid face $13M losses amid price rally, while longs gain $17M.

NEAR shorts on Hyperliquid face $13M losses amid price rally, while longs gain $17M.

Most top traders on Hyperliquid hold short positions on NEAR, but the recent price rally has caused significant losses for shorts, with the largest short position showing about $13 million in unrealized losses. Conversely, the biggest long position i...

Technical Signals
Bullish
4 hours ago
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