Evernorth’s Shareholders Watched 473 Million XRP Lose $443 Million Before the Stock Ever Traded. On Its First Day on Nasdaq the Market Put a Price on What Is Left.
Evernorth Holdings (NASDAQ: XRPN) lost about $443 million in treasury value between signing its merger deal and listing on Nasdaq, mainly because its roughly 473 million XRP (CRYPTO: XRP) declined in value. The company also maintains about…