Coinworld March 19 News - According to PRNewswire, Evernorth, a crypto startup backed by Ripple, announced that it has publicly submitted an S-4 form registration statement to the U.S. Securities and Exchange Commission (SEC) concerning the previously announced business merger with Armada Acquisition Corp. II, a SPAC company sponsored by Arrington Capital. The goal is to become a Nasdaq-listed XRP treasury company. Previously, in October last year, Evernorth planned to go public in the United States and raise over billion to accumulate XRP tokens.