# XRP Community Takes Center Stage in Evernorth’s Nasdaq Plans

Evernorth plans to feature XRP supporters in its Nasdaq listing campaign.

- **Source:** [Bitcoin News](https://brifing.si/source/d8aeaf1e-9839-4dad-9d25-7a6bf3fbeef8)
- **Published:** 2026-09-27
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://news.bitcoin.com/featured/xrp-community-takes-center-stage-in-evernorths-nasdaq-plans/>
- **On Brifing:** https://brifing.si/s/55eaa0b2-463b-44e0-b2c8-c05786d7f6fb

## Community-Centric Campaign

Evernorth plans to highlight XRP community members in its Nasdaq listing campaign. Founder Asheesh Birla emphasized recognizing supporters who stood by XRP during years of legal uncertainty. The campaign includes apparel, storytelling, and a potential Times Square event. This approach aims to celebrate the community’s resilience and contributions to the XRP ecosystem.

## Legal Context

The campaign references XRP holders’ involvement in the SEC’s case against Ripple. Attorney John Deaton submitted nearly 3,800 affidavits from holders, showcasing their active participation. This legal backdrop highlights the community’s role in shaping the narrative around XRP’s regulatory challenges and its broader implications for cryptocurrency regulation.

## BearChamp Collaboration

Evernorth introduced BearChamp, a boxing character created by artist JC Rivera, as part of its campaign. Rivera’s character symbolizes persistence, mirroring the XRP community’s response to setbacks. The company plans to integrate BearChamp into apparel and storytelling, marking the first of several community figures to be featured in the campaign.

## Merger with Armada

Evernorth’s Nasdaq listing follows its merger with Armada Acquisition Corp. II, a SPAC. The merger’s registration statement became effective in August, paving the way for a shareholder vote on September 30. If approved, the combined company will trade under the ticker XRPN, contingent on meeting Nasdaq’s listing requirements.

## XRP Treasury Strategy

Evernorth focuses on holding and actively managing XRP, allocating capital to XRP-based infrastructure. The company aims to increase its XRP holdings per share over time. This strategy is distinct from the community campaign but aligns with Evernorth’s broader participation in the XRP ecosystem, emphasizing long-term value creation.

## XRP Ledger Development

Evernorth intends to collaborate directly with builders on the XRP Ledger, the network where XRP is the native asset. The company highlights infrastructure developments, including permissioned trading venues, native escrow, on-chain lending, and a regulated dollar stablecoin. These advancements underscore Evernorth’s commitment to fostering innovation within the XRP ecosystem.

## Convertible Note Agreement

Evernorth secured a $30 million convertible-note agreement to support XRP purchases and ecosystem activities. This financing depends on the Armada merger closing successfully. The funds will bolster Evernorth’s treasury operations, enabling it to actively manage XRP holdings and invest in ecosystem growth.

## Market Momentum

XRP recently crossed $1.60 for the first time since February, driven by increased transaction activity and new wallet creation. Santiment reported 1,917 large transactions and 3,647 new wallets, signaling renewed interest in XRP. This momentum aligns with Evernorth’s Nasdaq listing plans, reflecting broader market optimism around XRP’s future.

## Sources covering this story

- https://news.bitcoin.com/featured/xrp-community-takes-center-stage-in-evernorths-nasdaq-plans/ — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
