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Evernorth delays Nasdaq debut to Oct 12, listing XRP treasury vehicle shares XRPN.

Market News
07 Oct 2026
Coinpaper
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Neutral
Evernorth delays Nasdaq debut to Oct 12, listing XRP treasury vehicle shares XRPN.

Evernorth's Nasdaq listing, representing shares in a Ripple-backed XRP treasury vehicle called XRPN, has been delayed from Oct 8 to Oct 12 due to an administrative delay. The business combination with Armada Acquisition Corp. II will close around Oct 9. Evernorth holds about 473 million XRP and $300 million in cash, making it one of the largest public XRP treasury vehicles. The delay does not affect XRP supply immediately, but the Oct 12 trading debut will reveal market demand for this actively managed XRP exposure company.

Evernorth's Nasdaq listing delay to October 12 offers context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 07, 2026 19:23 WIB: out of 50 priced major cryptocurrencies, 5 rose and 44 fell today. Notable movers include EOS (EOS.IO) with a price of Rp12.649 and an 8.13% increase, SUSHI (SushiSwap) down 8.48% at Rp4.210 with 65% sell order activity, and XTZ (Tezos) down 8.22% at Rp5.502 with 95% sell order activity.

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