# Armada Acquisition Corp. II (XRPN)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Price:** $10.40 (+0.02%)

> Armada Acquisition Corp. II is a special purpose acquisition company (SPAC) established in 2024 and headquartered in Philadelphia, Pennsylvania. Its primary purpose is to effect mergers, asset acquisitions, share purchases, recapitalizations, or similar business combinations, with a particular focus on the asset management and custody banking segment within the diversified financial sector. Recently, the company underwent a strategic transformation by partnering with Evernorth Holdings Inc., enabling it to become the world’s leading institutional XRP digital asset treasury. Armada Acquisition Corp. II now aims to provide institutional exposure to XRP, a prominent blockchain-based digital asset, through regulated, liquid, and transparent market structures. Unlike traditional exchange-traded funds, the entity targets growth in XRP holdings per share by engaging in institutional and decentralized finance yield strategies, capital markets activities, and ecosystem participation. Armada Acquisition Corp. II plays a pivotal role in linking traditional capital markets to emerging digital asset ecosystems, serving both institutional investors and the broader financial technology sector.

Financial data not yet available for this company.

Source: [CompaniesByCap](https://companiesbycap.com/company/XRPN)