Armada Acquisition Corp. II (XRPN)
Market Closed
10 Aug, 20:00
NASDAQ (NMS) NASDAQ (NMS) Primary $
10. 48
+0.01
+0.0955%
$
413.65M Market Cap
- P/E Ratio
- Div Yield
23,962 Volume
0 Eps
$ 10.47
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XRP Treasury Play: Armada Acquisition Corp. II
Evernorth, merging with Armada Acquisition Corp. II, offers a digital asset treasury focused on XRP with a $1.4B valuation. XRPN provides yield through XRP-denominated loans and market making, targeting 5–10% revenue yields on holdings. SPAC shares currently trade near redemption value, limiting downside risk and offering potential upside post-merger.
Seekingalpha | 6 months ago
