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Ethereum World News > Altcoin News > XRP News: SEC Approves Ripple-Backed Evernorth to Raise Funds to Buy More XRP

XRP News: SEC Approves Ripple-Backed Evernorth to Raise Funds to Buy More XRP

In major XRP news, the US Securities and Exchange Commission (SEC) has approved a prospectus allowing Ripple-backed Evernorth Holdings to issue shares from warrant exercises and using proceeds potentially for XRP treasury growth. According to the latest notice of effectiveness, Evernorth Holdings can issue up to 11,499,992 shares of XRPN Class A common stock upon

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