PANews|Sep 18, 2026 08:57
[XRP Treasury Company Evernorth Secures $30 Million Convertible Bond Financing from NH Investment & Securities]
According to CoinDesk, XRP treasury management company Evernorth has raised $30 million through the issuance of convertible bonds, with the investor being South Korean institutional investor NH Investment & Securities. This financing is contingent upon the successful merger of Evernorth with a SPAC, and the funds raised will be used to purchase XRP spot holdings ahead of its Nasdaq listing. After the merger is completed, the company plans to list on Nasdaq under the ticker symbol 'XRPN'.
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