Ripple-backed Evernorth faces 73.7 million-share selling overhang after brutal stock market debut Oluwapelumi Adejumo | amznusa.com

Evernorth filed to register 73.7 million shares for potential resale as its stock plunged following its Nasdaq debut. The XRP treasury company’s Oct. 30 SEC filing identifies Ripple Labs, Arrington XRP Capital and affiliates of Japan’s SBI Holdings among investors whose holdings could eventually enter the public market. The registration comes as Evernorth’s shares have…

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

 

This articles is written by : Fady Askharoun Samy Askharoun

All Rights Reserved to Amznusa www.amznusa.com

Why Amznusa?

AMZNUSA is a dynamic website that focuses on three primary categories: Technology, e-commerce and cryptocurrency news. It provides users with the latest updates and insights into online retail trends and the rapidly evolving world of digital currencies, helping visitors stay informed about both markets.