[XRP Treasury Company Evernorth Completes SPAC Merger] According to The Block, XRP Treasury Company Evernorth, backed by Ripple, has completed its business merger with SPAC company Armada Acquisition Corp. II. Approximately 473 million XRP and $300 million in cash proceeds have entered the public market as a result. The company is expected to begin trading on Nasdaq next week under the ticker code XRPN. The 8-K filing submitted by Evernorth to the U.S. SEC shows that the merger was finalized on October 9, Eastern Time.