Uphold announced on Oct. 20 that eligible U.S. investors can trade Evernorth Holdings shares (Nasdaq: XRPN) through its equities service. Access requires separate onboarding, and fractional investments start at $5. Buying XRPN means owning shares in a company that holds and manages XRP, not owning tokens that can be moved to a personal wallet.
At its Oct. 9 merger completion, Evernorth held about 473 million XRP and had raised about $300 million in gross cash proceeds before transaction expenses. The company planned to begin deploying its XRP holdings in the fourth quarter, but its partner agreements remained subject to closing conditions and required approvals.
