Armada Acquisition Corp. II shareholders will vote on Sept. 30 on a deal to combine with Ripple-backed Evernorth, which holds over 473 million XRP. If approved, the new company will list on Nasdaq under the ticker XRPN. Unlike other crypto treasury firms, Evernorth plans to actively deploy capital within the XRP ecosystem to increase XRP per share, not just hold the tokens passively. This approach could create additional value for shareholders and represents a new model for corporate crypto treasuries.
The Ripple-backed XRPN proposal is the subject here, with Pluang market data providing context. For readers following major cryptocurrencies, 21 out of 50 rose and 28 fell today. Notable movers include BAL at Rp16.297 with +11.14%, KSM at Rp91.335 with +8.41%, and EOS at Rp12.649 with +8.13%. This data is as of Sep 30, 2026 19:50 WIB.
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Recon Technology reported a 65.8% revenue increase to RMB109.9 million ($16.2 million) for fiscal year 2026, driven by overseas oilfield projects and automation products. Gross margin improved to 33.2%, helping reduce the net loss to RMB31.6 million ...
