Armada Acquisition Corp. II (XRPN)
Market Open
15 Oct, 01:42 PM
NASDAQ (NMS) NASDAQ (NMS) Primary $
15. 20
-0.06
-0.3938%
$
650.47M Market Cap
- P/E Ratio
- Div Yield
148,601 Volume
0 Eps
$ 15.26
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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 | 8 months ago
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