Investment
Features
FeesSafety
Academy
More
Pluang+

SEC filing reveals Ripple insiders and partners hold major stakes in Nasdaq's new XRP stock.

Market News
13 Oct 2026
UToday
View Source
Neutral
SEC filing reveals Ripple insiders and partners hold major stakes in Nasdaq's new XRP stock.

Trading began on Nasdaq for Evernorth Holdings Inc. (XRPN), representing XRP stock, with a fresh SEC filing disclosing key ownership details. Ripple co-founder Chris Larsen controls over 2.3 million Class A shares, Ripple Labs holds 1.7 million plus joint control over 4.2 million shares, and SBI Holdings has a significant stake with over 9.4 million Class A and 2.3 million Class C shares. The stock price surged pre-market to $48.50 but corrected to $17.07 by October 13, reflecting market adjustment post-merger. Future performance depends on management led by Hugo Jandesboz, former Coinbase Asset Management director.

The story on Nasdaq's new XRP stock ownership is presented here with Pluang's cryptocurrency market data for context. For readers following major cryptocurrencies, as of Oct 14, 2026 00:03 WIB, 16 of 50 major cryptocurrencies rose while 33 fell. EOS gained 8.13% to Rp12,649 contrasting with ONE's 10.89% drop to Rp30 and AXS's 4.83% decline to Rp20,440, with AXS showing a strong sell bias at 94% sell orders on Pluang.

More News

BioNTech's BNT113 cancer trial misses first endpoint but continues to assess overall survival.

BioNTech's BNT113 cancer trial misses first endpoint but continues to assess overall survival.

BioNTech's experimental cancer treatment BNT113, combined with pembrolizumab, failed to show a significant improvement in progression-free survival in its Phase 2/3 AHEAD-MERIT trial. Despite missing this first primary endpoint, the trial will procee...

Market News
Bearish
58 minutes ago
Wells Fargo Q3 2026 EPS beats estimates at $1.87 despite revenue miss

Wells Fargo Q3 2026 EPS beats estimates at $1.87 despite revenue miss

Wells Fargo reported third-quarter 2026 earnings per share (EPS) of $1.87, surpassing analyst estimates of $1.85, while revenue came in at $21.87 billion, below the expected $22.31 billion. The bank saw a 13% rise in EPS and a 6% increase in net inco...

Company Fundamentals
Bullish
1 hour ago
Bank of America Q3 earnings expected at $1.10 EPS, revenue $30.54B; stock down 16% since August peak.

Bank of America Q3 earnings expected at $1.10 EPS, revenue $30.54B; stock down 16% since August peak.

Bank of America is set to report Q3 earnings with analysts expecting $1.10 per share and $30.54 billion in revenue, up from last year. CEO Brian Moynihan forecasts a 10% drop in investment banking fees and flat trading revenue. The bank's stock has f...

Company Fundamentals
Neutral
1 hour ago
Reach Security raises $50M Series B to fight AI-driven cyberattacks by automating defense gap closures.

Reach Security raises $50M Series B to fight AI-driven cyberattacks by automating defense gap closures.

Reach Security secured over $50 million in Series B funding led by Top Tier Capital Partners to enhance its AI-driven cybersecurity platform. The company’s technology autonomously identifies and closes security gaps faster than AI-powered attackers c...

Others
Bullish
1 hour ago
Rexel reports 311.4 million shares and 308.4 million voting rights as of October 1, 2026

Rexel reports 311.4 million shares and 308.4 million voting rights as of October 1, 2026

Rexel Développement SAS announced the total number of its shares and voting rights as of October 1, 2026. The company holds 311,385,744 shares, with a theoretical voting right count matching this number. However, the exercisable voting rights, exclud...

Company Fundamentals
Neutral
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App