Bitcoin & Crypto
Evernorth sets up up to $80 million equity line to buy more XRP
02 The firm plans to use much of the proceeds to acquire (one company buying another) XRP, adopting a share-funded treasury strategy similar to Strategy's Bitcoin purchases. 03 The funding remains conditional, while an earlier SEC filing reveals another potential $132 million from outstanding warrants. Cantor’s ordinary share purchases track eligible XRPN volume, while registration, fees and allocation govern potential XRP spending. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. XRP 1.59% · 24h The Ripple-backed company is turning to equity sales to finance additional XRP purchases, following a strategy popularized by Strategy.



