The Largest XRP Treasury Goes Public, but Its Nasdaq Debut Ends in Red

Wall Street’s newest bet on XRP got off to a shaky start on Monday. Evernorth, a Ripple-backed company holding hundreds of millions of XRP, saw its Nasdaq stock surge before investors quickly sold the rally. Evernorth Holdings (XRPN) climbed to style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"9.38 before falling to style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"6.39. Shares eventually closed at style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"6.91, down 1.05%, with nearly 1.29 The post The Largest XRP Treasury Goes Public, but Its Nasdaq Debut Ends in Red appeared first on BeInCrypto.