CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

Evernorth May Sell XRP as $30 Million Debt Obligation Raises Questions

Coinpedia - Blockchain logo

Published on

Add as a preferred source on Google
Evernorth May Sell XRP as $30 Million Debt Obligation Raises Questions

Evernorth may sell XRP from its treasury to fund general corporate expenses, according to its latest SEC filing. The company disclosed that it could sell tokens depending on market conditions but did not specify an amount, timeline or immediate selling plan. As of October 9, Evernorth held approximately 473 million XRP, worth around $590 million …



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.