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The Largest XRP Treasury Goes Public, but Its Nasdaq Debut Ends in Red

Wall Street’s newest bet on XRP got off to a shaky start on Monday. Evernorth, a Ripple-backed company holding hundreds of millions of XRP, saw its Nasdaq stock surge before investors quickly sold the rally. Evernorth Holdings (XRPN) climbed to $19.38 before falling to $16.39. Shares eventually closed at $16.91, down 1.05%, with nearly 1.29

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