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Bitcoin & Crypto DEVELOPING

Ripple-Backed Evernorth Hits Nasdaq Holding 473 Million XRP Worth Far Less Than It Paid

First reported Source: Decrypt AI + 1 moreLast editorial activity
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WORLDTECH illustration · AI-generated (Canva)

What happened

Evernorth's XRPN shares began trading Monday after its SPAC merger closed, but 80% of SPAC investors cashed out first and its XRP stash is worth roughly 40% less than at signing.

Sources & evidence

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