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November 5, 2026

Crypto News | Ripple-backed Evernorth faces 73.7 million-share selling overhang after brutal stock market debut Oluwapelumi Adejumo | usagoldmines.com

Evernorth filed to register 73.7 million shares for potential resale as its stock plunged following its Nasdaq debut. The XRP treasury company’s Oct. 30 SEC filing identifies Ripple Labs, Arrington XRP Capital and affiliates of Japan’s SBI Holdings among investors whose holdings could eventually enter the public market. The registration comes as Evernorth’s shares have…

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 Evernorth filed to register 73.7 million shares for potential resale as its stock plunged following its Nasdaq debut. The XRP treasury company’s Oct. 30 SEC filing identifies Ripple Labs, Arrington XRP Capital and affiliates of Japan’s SBI Holdings among investors whose holdings could eventually enter the public market. The registration comes as Evernorth’s shares have…
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This articles is written by : Nermeen Nabil Khear Abdelmalak

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