Arrington’s XRP Fund Holds a $514M Evernorth Stake Ripple Can Steer

Arrington XRP Capital Fund disclosed a 19.9% voting stake in Nasdaq-listed Evernorth late Monday, and the same filing shows Rippleworks can direct how 30.2 million of the fund’s shares are voted. A Form 3 is the initial ownership statement insiders and 10% holders file with the Securities and Exchange Commission (SEC). Arrington’s form, signed Oct. 19 , lists three reporting persons, i.e. the fund itself, Arrington Capital Management, and Jack Michael Arrington, the Techcrunch founder who runs the firm.

Source: Bitcoin.com News