Evernorth has received clearance from the U.S. Securities and Exchange Commission, moving the XRP-focused treasury company closer to a potential Nasdaq listing. The regulatory step sets the stage for shareholders to vote on the proposed listing. The company’s XRP holdings remain a key part of the story, but the value of that stash is currently below the amount Evernorth paid to acquire it, according to Decrypt. The next major milestone is the shareholder vote, which will determine whether the listing plan proceeds. The development links Evernorth’s corporate-market ambitions with the performance of XRP, whose value affects the company’s treasury position. No outcome for the vote or timing for a Nasdaq debut was provided in the source material.
