XRP Price Just Got a Boost as Ripple CTO Joins Evernorth in Nasdaq Push

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2025.10.22 13:57
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XRP received a boost as Ripple's CTO, Schwartz, announced his role as a strategic advisor to Evernorth, which is merging with Armada Acquisition Corp II for a Nasdaq listing under XRPN. This merger aims to raise over $1 billion, creating the largest public XRP treasury and enhancing XRP's path into regulated markets. Following the news, XRP's price rose to $2.40, with analysts noting a potential upward trend. The connection between Ripple's leadership and Evernorth is seen as a significant step towards institutional acceptance of XRP.