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Evernorth’s $300 million funding headline includes cash already spent on XRP

  • Evernorth’s $300 million funding headline includes cash already spent on XRP.
  • About $88.5 million in gross closing-linked sources could settle before costs and other uses.
  • Fresh XRP demand depends on Evernorth’s actual purchases.

Evernorth’s $300 million funding headline includes cash already spent on XRP, limiting how much of the announced amount represents new buying capacity. About $88.5 million in closing-linked gross sources could settle before costs and other uses. Any fresh demand for XRP depends on the company’s actual purchases.

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