Evernorth Delays Nasdaq Listing Amid Administrative Issue
The XRP-backed Evernorth Holdings has postponed its Nasdaq debut from October 6 to October 12 due to administrative delays.
- Evernorth's Nasdaq listing delayed from October 6 to October 12 due to administrative issues.
- XRP price showed minimal reaction, down 1.96% in 24 hours.
- Market cap of XRP remains at $92.8 billion despite the news.
- Ex-CFTC Chief Pham's Ripple Visit Sparks Speculation Amid XRPN Nasdaq Listing
- Evernorth Delays Nasdaq Listing Amid Administrative Issue — this brief
Evernorth Holdings, a company focused on building the largest publicly traded 
XRP treasury, has postponed its Nasdaq debut. The listing, originally scheduled for October 6, has been delayed to October 12 due to an administrative issue, according to BeInCrypto.
The delay comes amid a broader market downturn, with the total crypto market cap at $2.93 trillion and 
Bitcoin down 1.80% in the past 24 hours. Despite the news, XRP's price showed minimal reaction, declining 1.96% in the same period to $1.47.
The Fear & Greed Index currently stands at 71, indicating 'Greed' in the market, suggesting that investor sentiment remains relatively positive despite the delay. The XRP market cap remains substantial at $92.8 billion, reflecting its position as one of the leading cryptocurrencies.
Evernorth's public listing on Nasdaq is expected to provide greater transparency and accessibility for investors interested in XRP. The company's focus on building a significant XRP treasury could potentially influence the cryptocurrency's market dynamics.
The delay, while not ideal, may allow Evernorth to address any underlying issues and ensure a smoother debut. The outcome of this listing could have implications for XRP's liquidity and institutional interest in the cryptocurrency.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,995.17 (about $1.46), down 2.8% over 24 hours. The naira itself trades about 2.9% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
XRP — questions
How much is 1 XRP worth in naira today?
About ₦1,995.17 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.46. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.68% since this brief first published — trading at $1.46 now versus $1.47 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from BeInCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.