According to CoinMeta, evernorth has completed its merger with SPAC and plans to list on NASDAQ. The company currently holds approximately $672 million in XRP assets and focuses on XRP treasury management. evernorth stated that in the future, it will increase the scale of its XRP holdings through lending, liquidity provision, and other revenue strategies, as well as boost the number of XRP per share. Additionally, evernorth has appointed former Coinbase Asset Management co-CEO Hugo Jeandesboz as the new CEO, responsible for the company's investment strategy.