Ripple-backed XRP treasury moves closer to Nasdaq debut

The SEC has officially cleared the way for Evernorth to debut on the Nasdaq under the ticker XRPN, creating a publicly traded XRP treasury. After years of aggressive litigation against Ripple, the government is now allowing a vehicle backed by Ripple and Kraken to offer liquid XRP exposure to mainstream investors. This move effectively legitimizes XRP within the traditional financial system, despite its controversial legal history. Is this the ultimate win for XRP? What’s your take?
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