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Evernos and Armada Acquisition complete merger

RECENTLY ACQUIREDOct 12, 2026

Acquiring Company

Evernos Holdings

Acquired Company

Armada Acquisition II

Madhya PradeshUnited StatesBlockchainCryptocurrency

Description

Evernos has successfully completed its merger with Armada Acquisition Corp II and will start trading on Nasdaq. The merger allows Evernos to access public markets while managing approximately 473 million XRP. CEO Ashish Birla outlines a strategy to expand tokenisation and manage XRP for financial applications. The merger positions Evernos to influence the intersection of blockchain and capital markets.

Company Information

Company

Evernos Holdings

Location

Madhya Pradesh, India

About

Evernos Holdings is a blockchain-focused firm that integrates an XRP treasury strategy into its business model. The company aims to become a publicly listed entity while holding substantial XRP assets. Their goal is to actively manage their treasury to support developments within the XRP ecosystem.

Fundz sees it the moment Evernos Holdings 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 Armada Acquisition II?

Armada Acquisition II was acquired by Evernos Holdings, based in Madhya Pradesh. The deal was reported on October 12, 2026. Evernos Holdings is a blockchain-focused firm that integrates an XRP treasury strategy into its business model. The company aims to become a publicly listed entity while holding substantial XRP assets. Evernos Holdings is privately held and operates in Blockchain.

When did Evernos Holdings acquire Armada Acquisition II?

Evernos Holdings's acquisition of Armada Acquisition II was reported on October 12, 2026. Evernos has successfully completed its merger with Armada Acquisition Corp II and will start trading on Nasdaq. The merger allows Evernos to access public markets while managing approximately 473 million XRP. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Armada Acquisition II do?

Armada Acquisition Corp II is a special purpose acquisition company (SPAC) focused on completing mergers with other businesses. SPACs like Armada serve as a means for private companies to go public and access capital markets. It is publicly traded (XRPN), and is based in United States.

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.