XRP-linked Firm Evernorth Set to Go Public in 2026, Adding to Crypto IPO Surge

Evernorth, a venture linked to cryptocurrency XRP, is set to go public through a SPAC merger with Armada Acquisition Corp II. This marks the beginning of a surge in crypto IPOs in 2026, with other firms like Kraken, Clear Street, Consensys, and Ledger also planning to list. The US government's growing acceptance of the industry has fueled this trend, with traditional financial players embracing blockchain solutions.