XRP Treasury Evernorth Files for Nasdaq Share Listing with SEC
Evernorth has submitted a Form S-4 to the U.S. Securities and Exchange Commission as part of its proposed SPAC merger, a filing the company and advisers describe as the final major regulatory step toward going public. The S-4 filing typically lays out the deal terms, share issuance and disclosures required for securities issued in a business-combination process, and signals the company’s intention to list common shares on Nasdaq once approvals are complete.
For the XRP ecosystem, the filing matters because Evernorth is tied to XRP treasury holdings; a public listing could increase transparency, provide a market valuation reference, and broaden investor access to assets currently held off-exchange. The transaction still faces SEC review, shareholder approvals and customary closing conditions, but the filing marks tangible progress in converting treasury assets into a publicly traded vehicle that may affect liquidity and institutional interest in XRP-related holdings.