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Ripple-backed XRP treasury moves closer to Nasdaq debut
Evernorth Holdings is an XRP treasury company which is backed by investors such as Ripple, Kraken, SBI Holdings, Pantera Capital, and Arrington Capital. Led by former Ripple executive Asheesh Birla, Evernorth wants to offer investors liqui…
Ripple-backed XRP treasury firm eyes Nasdaq debut with $1B plan
Evernorth Holdings filed a registration statement with the Securities and Exchange Commission (SEC) to make its public debut on Nasdaq, the XRP treasury company announced on March 18. Backed by investors such as Ripple, Kraken, SBI Holding…
Ripple Backed Evernorth To List on Nasdaq, Plans XRP Treasury Expansion
Ripple Backed Evernorth To List on Nasdaq, Plans XRP Treasury Expansion Evernorth Holdings, the XRP digital asset treasury firm backed by Ripple filed with the U.S. Securities and Exchange Commission on Wednesday to list its shares on the…
Ripple-Backed Evernorth Eyes $1B IPO To Become World's Largest XRP Treasury Company
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Evernorth, backed by digital payments giant Ripple, announced on Oct. 20 that it will list on the Nasdaq through a merger with blank-check…
Ripple’s New Venture Evernorth Buys $1B in XRP, Price Climbs 1.5%
Ripple’s new venture, Evernorth Holdings, has recently acquired around $1 billion worth of XRP tokens. The move marks one of the largest single-entity accumulations of XRP to date, suggesting a renewed institutional push for the cryptocurr…
Evernorth to Build World’s Largest Institutional XRP Treasury via $1B SPAC Merger
On October 20, Evernorth Holdings Inc. announced it will go public via a SPAC merger with Armada Acquisition Corp II. The company aims to build the world’s largest institutional XRP treasury. Both companies’ boards unanimously approved the…
Ripple-backed Evernorth Holdings Inc. has announced plans to go public through a merger with special purpose acquisition company Armada Acquisition Corp II (Nasdaq: AACI). Upon completion, the combined entity will trade on Nasdaq under the…
Evernorth to Raise $1 Billion for the Largest XRP Treasury
Ripple crypto politician. Photo by BeInCrypto Evernorth is raising over $1 billion to build what could become the largest institutional XRP treasury. The company has agreed to merge with Armada Acquisition Corp II and plans to list its tic…
Ripple Backs Crypto Treasury That's Raising Over $1 Billion to Buy XRP
Ripple is getting behind a new publicly traded XRP treasury firm called Evernorth, which aims to raise more than $1 billion and has recruited key Ripple backers to help with its push. Built with contributions from Ripple itself, Ripple co-…
Ripple-Backed Firm Plans SPAC, Raising $1B to 'Create the Largest Public XRP Treasury'
A newly formed Nevada company says it will go public and build what it calls a large, publicly traded xrp treasury through a merger with a blank-check firm. Evernorth Holdings disclosed the plan in a press release Monday, saying it signed…
Ripple-backed Evernorth set to raise over $1 billion in US listing to hoard XRP token
By Ateev Bhandari and Arasu Kannagi Basil (Reuters) -Evernorth, a new crypto venture backed by digital asset firm Ripple, said on Monday it will list on the Nasdaq through a merger with blank-check firm Armada Acquisition Corp II and is ex…
Rezolve Secures $250 Million Equity Funding from Yorkville Advisors in connection with Upcoming Public Listing
Capital Commitment Provides a Strong Funding Source to Support Rezolve’s Future Growth Company Expects to be Publicly Trading on NASDAQ in Early H1 2023 Under Symbol “ZONE” (Please Note on December 17, 2021, Rezolve announced that it had e…
7 Micro-Cap Stocks to Buy for Risk-Taking Investors
Now’s a great time to start considering which micro-cap stocks to buy. Generally, micro-caps are stocks with a market capitalization of less than $300 million. With a cap like that, the company doesn’t have a ton of resources – which means…
The overall stock market may be demonstrating resilience, but as uncertainty continues to run high, stocks have only made a modest, partial recovery. However, this works to your advantage, as many stocks remain at low prices, including the…
Rezolve and Grupo Carso enter into strategic partnership to transform Latin American market for Omni Channel Mobile Engagement
Launch of Rezolve technology in Claro Shop and T1 Comercios will initially focus on retail divisionClaro Shop has over 10 million users and over 6,000 merchants Expands Rezolve’s reach into one of Mexico’s largest online marketplaces (Plea…
Armada Acquisition Corp. I Extends Deadline To Consummate Business Combination with Rezolve
Armada Acquisition Corp I (NASDAQ: AACI) announced that its Board has approved a 3-month extension to consummate the business combination with Rezolve Limited to February 17, 2023The sponsor has deposited an additional $1.5 million into Ar…
Rezolve Appoints Sauvik Banerjjee as Global CEO of Products, Technology, and Digital Services
Banerjjee brings more than 22 years of experience in senior roles in technology, digital product and omni channel commerceBanerjjee held various management positions with companies including Tata, SAP, Accenture, and Infosys, where he cham…
Rezolve Launches SmartCodes Designed to Engage Consumers and Drive Instant Transactions
SmartCodes lead to instant commerce and data capture Extending the standard QR code, SmartCode enhances mobile engagement with ‘One click checkout’ for physical locationsSmartCodes transfer customers to the merchant’s app where they are ab…
Rezolve Strategically Partners with ACI Worldwide to Transform Omni Channel Commerce and Mobile Engagement for Merchants
Strategic Partnership will drive mCommerce sales for over 80,000 merchants globally Expands Rezolve’s global market presence North America targeted as primary market roll out (Please Note on December 17, 2021, Rezolve announced that it had…
Rezolve Strategically Partners with ACI Worldwide to Transform Omni Channel Commerce and Mobile Engagement for Merchants
Strategic Partnership will drive mCommerce sales for over 80,000 merchants globallyExpands Rezolve’s global market presenceNorth America targeted as primary market roll out (Please Note on December 17, 2021, Rezolve announced that it had e…
Rezolve acquires ANY Lifestyle Marketing in Germany intended to revolutionize Mobile Engagement
The ANY App would allow Rezolve to transform traditional radio advertising by allowing direct communication between merchants and consumers’ mobile devices Advertisers can leverage all their marketing campaigns – print, digital and social…
Rezolve and Computop Announce Strategic Partnership on Mobile Engagement and Payments, Extending Rezolve’s Presence in German Markets and Beyond
Payment processor with 15,000 global customers and $31 billion of annual transactions to resell Rezolve platform in wide-ranging partnershipComputop’s global customersin industries such as retail, mobility, travel and gaming include C&A, F…
Rezolve now expects $138 million improvement in 2022 cash burn outlook, maintains 2022 revenue assumption of $219 million
2022 outlook update: substantial improvement to EBITDA loss estimate, while revenue target remains unchanged New operational plan assumes no funding needed beyond the secured PIPE and convertible commitments previously announced, excluding…
Rezolve Names Former Adobe Marketing Head Sunder Madakshira CEO of India Operations
Rezolve’s new India CEO Sunder Madakshirabrings more than 26 years of experience in senior roles in sales and marketingPrior to Adobe, Madakshira held various senior positions with companies including: EdgeVerve, SAP, Harman, Infosys, Wipr…
Rezolve Expands Board With Two Additional Members Bringing Experience In Payments, E-Commerce
SEE REZOLVE VIDEO HERE: https://vimeo.com/669906793 LONDON, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Rezolve, a leader in mobile commerce and engagement, today announced the expansion of its board of directors with the addition of two new members…
Armada Acquisition Corp. I to acquire Rezolve Mobile Engagement Platform in $2bn deal
Rezolve has entered into a definitive business combination agreement with Cohen & Company backed Armada Acquisition Corp. I (NASDAQ: AACI) Deal positions Rezolve as a leader of Mobile Commerce transformation globallyPowerful partner driven…
Armada Acquisition Corp. I Announces Separate Trading of its Common Stock and Warrants, Commencing November 16, 2021
PHILADELPHIA, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Armada Acquisition Corp. I (NASDAQ GM: AACIU) (the “Company”) announced today that, commencing November 16, 2021, holders of the 15,000,000 units sold in the Company’s initial public offering…