# Ripple-Backed XRP Treasury Company Clears Regulatory Review Ahead of September 30 Shareholder Vote

Evernorth's registration statement is effective, setting up a Nasdaq listing under the ticker XRPN through a merger with a listed shell company.

- Published: 2026-08-28T05:39:41.604Z
- Canonical: https://polylog.news/crypto/2026-08-28/ripple-backed-xrp-treasury-company-clears-regulatory-review
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/08/28/an-xrp-treasury-company-backed-by-ripple-is-a-shareholder-vote-away-from-nasdaq), [crypto.news](https://crypto.news/evernorth-sets-sept-30-vote-for-xrp-treasury-merger/)

The Securities and Exchange Commission has declared effective the registration statement for Evernorth, a treasury company that intends to hold XRP, clearing the last regulatory step before shareholders vote. CoinDesk reported that sharehol…

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