Evernorth and Armada merge SEC Form S-4 effective, advancing Nasdaq listing

According to The Block, the SEC S-4 form related to the merger of XRP treasury company Evernorth and Armada's business has come into effect, advancing the Nasdaq listing process. CEO Asheesh Birla said, "We believe that institutional finance will increasingly be built on chain, and Evernorth aims to accelerate the role of XRP in this process