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  • 2 minutes read

Ripple News: Trident Digital to Raise $500M for First-of-Its-Kind Corporate XRP Treasury

Story Highlights
  • Trident Digital to Launch $500M XRP Treasury by 2025 – Singapore-based firm eyes XRP staking, DeFi partnerships, and structured financing.

  • XRP Gains Traction in Corporate Treasuries – Trident joins Weebus, VivoPower, and others investing hundreds of millions in XRP reserves. 3/3

Trident Digital Tech Holdings, a Singapore-based Web3 and tech optimization firm, has announced a plan to raise up to $500 million to build one of the world’s first large-scale corporate XRP Treasuries. The XRP Treasury is set to launch in the second half of 2025, with Chaince Securities LLC named as its strategic advisor.

The $500M Game Plan – Staking, DeFi Partnerships & 2025 Launch

According to the press release, the initiative will focus on building long-term reserves of XRP, earning yield through staking, and actively working within the Ripple ecosystem. The company also plans to partner with key DeFi projects to strengthen its role in the Web3 space. Funds will be raised through equity sales, strategic deals, and structured financing. It is already in talks with crypto foundations and investors to secure strong partnerships and favorable XRP terms.

Trident (TDTH) shares dropped over 30% on Thursday and are now down more than 95% in the past year. XRP has also dipped over 5% today, currently trading at $2.12. 

Trident CEO Soon Huat Lim views blockchain as a game-changer for global finance, and said that this move shows how public companies can play a meaningful, responsible role in shaping the world of DeFi.

“We see digital assets as key enablers in the evolution of the global financial landscape. This initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer,” he said. 

XRP Joins the Big Leagues

More companies are building XRP reserves. Chinese AI firm Weebus plans to invest $300 million, VivoPower is setting up a $100 million reserve, and Wellgistics Health is adding $50 million. XRP is quickly joining Bitcoin and Solana as a top choice for corporate treasuries. While Bitcoin has been widely adopted by firms like MicroStrategy, very few public companies have done the same with other tokens. 

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FAQs

What does Trident Digital Tech Holdings do?

Trident is a Singapore-based Web3 firm focused on blockchain optimization, DeFi solutions, and corporate digital asset strategies.

Why are public companies like Trident building XRP reserves?

Companies like Trident, Weebus, VivoPower, and Wellgistics are building XRP reserves due to its utility for fast, low-cost cross-border payments and its potential for enterprise adoption within the Ripple ecosystem.

How has Trident Digital Tech Holdings’ stock reacted to the XRP treasury announcement?

Trident Digital Tech Holdings’ shares dropped over 30% on Thursday following the announcement, reflecting mixed investor sentiment regarding corporate cryptocurrency adoption strategies.

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