Evernorth Bolsters Leadership Ahead of Public Listing

Evernorth Holdings Inc. has announced a significant expansion of its leadership team in preparation for its planned public listing through Armada Acquisition Corp. II. The move aims to bring institutional credibility to the company, which is positioning itself as a key player in the digital assets market.

The new appointments include Stuart Alderoty, Ripple's chief legal officer, who will join Evernorth's board after the business combination closes. Alderoty brings over seven years of experience in leading Ripple's legal team and has served as president of the National Cryptocurrency Association since 2025.