How crypto IPOs will change in 2026
A version of this article appeared in our The Roundup newsletter on January 16. Sign up here.
Hi. Eric here.
A slew of crypto companies are gearing up to go public in 2026, and an XRP-linked firm just joined the fray.
Before you get too excited, I’m not talking about Ripple.
The venture that originally created the cryptocurrency ruled out an initial public offering last week, with President Monica Long telling Bloomberg that Ripple’s strong balance sheet means it doesn’t need to go public just yet.
Instead, it’s the XRP treasury, Evernorth, that’s due to be listed on the Nasdaq in the first quarter of the year through a SPAC merger with another company called Armada Acquisition Corp II.
“The timing…
