CryptoSlate reports that Evernorth's XRP funding plan could generate $18 million less if the share price decreases. The plan originally projected $62.5 million based on the share price at the close on November 3, before accounting for discounts and expenses. The effectiveness of the plan as of October 30 meets one condition for execution.
Based on the CryptoSlate report; not independently verified.
Source published: Wed, 04 Nov 2026 15:50:35 +0000
[Read the original report](https://cryptoslate.com/evernorths-xrp-funding-clears-a-hurdle-as-weaker-shares-reduce-what-it-could-raise/)
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