{"id":"tp-40558","type":"article-newspaper","title":"Evernorth Signs Share Facility With $80.7M Gross Proceeds Estimate","author":"John Kim","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/40558","datePublished":"2026-10-25T14:42:01.000Z","dateModified":"2026-10-25T14:42:01.000Z","language":"en","abstract":"The estimate assumes all shares sell at $15.46; after the facility’s 3% discount, illustrative purchase proceeds are $78.3 million. Evernorth expects a substantial portion of any proceeds to fund XRP purchases.","section":"Business","references":[{"title":"institutional XRP plans","url":"https://www.tokenpost.com/news/business/38285"}]}