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Armada Acquisition Corp. II merges with Evernode Holdings

PRIVATEOct 12, 2026

Acquiring Company

Armada Acquisition Corp. II

Acquired Company

Evernode Holdings

New YorkFinancial ServicesFinanceFinancial ServicesFinanceBlockchainCryptocurrencyLending

Description

Armada Acquisition Corp. II has successfully merged with Evernode Holdings. This merger will position Evernode as the largest publicly listed XRP treasury company. Following the merger, Evernode plans to hold approximately 473 million XRP. The event marks a significant milestone for Evernode's market presence.

Company Information

Company

Armada Acquisition Corp. II

Location

New York, New York, United States

About

Armada Acquisition Corp. II is a special purpose acquisition company (SPAC). It focuses on acquiring and merging with companies in various sectors. The firm aims to enhance shareholder value through strategic mergers. It operates primarily within the U.S. financial markets.

Fundz sees it the moment Armada Acquisition Corp. II makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Evernode Holdings?

Evernode Holdings was acquired by Armada Acquisition Corp. II, based in New York. The deal was reported on October 12, 2026. Armada Acquisition Corp. II is a special purpose acquisition company (SPAC). It focuses on acquiring and merging with companies in various sectors. The firm aims to enhance shareholder value through strategic mergers. Armada Acquisition Corp. II is privately held and operates in Financial Services.

When did Armada Acquisition Corp. II acquire Evernode Holdings?

Armada Acquisition Corp. II's acquisition of Evernode Holdings was reported on October 12, 2026. Armada Acquisition Corp. II has successfully merged with Evernode Holdings. This merger will position Evernode as the largest publicly listed XRP treasury company. Following the merger, Evernode plans to hold approximately 473 million XRP. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Evernode Holdings do?

Evernode Holdings is a digital-asset company that manages XRP. It is structured to generate additional returns through decentralized-finance strategies. The company holds a significant treasury of XRP assets. It is privately held, operating in Financial Services.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.