Trident Digital Tech Holdings Ltd. (NASDAQ:TDTH), a Singapore-based digital transformation powerhouse, has announced its plan to raise up to $500 million to create the world’s largest XRP corporate treasury—a massive move that could significantly amplify Ripple’s presence in institutional finance.
The company is positioning XRP not just as a speculative asset, but as a core digital reserve. Trident plans to actively participate in the Ripple ecosystem through staking mechanisms and yield-generation strategies.
“This is not just a financial move—it’s a strategic transformation,” said Soon Huat Lim, Founder, Chairman, and CEO of Trident. “Digital assets are central to the future of global finance, and this initiative positions us to lead in that evolution.”
💼 How Will It Work?
- XRP as Treasury Reserve: XRP will become the cornerstone of Trident’s long-term corporate reserves.
- Capital Raise: The company will issue funds via a blend of equity offerings, strategic placements, and structured finance vehicles.
- Strategic Advisor: Chaince Securities LLC has been brought on to guide the capital formation and deployment.
- Investor Talks Underway: Trident is already in late-stage negotiations with institutional investors and crypto foundations to secure robust terms and infrastructural backing.
📅 When Is It Launching?
- Subject to regulatory approvals and market conditions, the XRP Treasury is slated for rollout in H2 2025.
- Trident has also committed to maintaining high governance standards and will publish regular reports on treasury allocation, governance frameworks, and disclosures in accordance with public listing norms.
💥 Why It Matters for XRP and Crypto
This move sends a strong message to institutional players: XRP is not dead weight—it’s a corporate-grade asset. With more public companies like Trident entering the space, we’re witnessing a seismic shift in how crypto integrates with traditional finance.
You might also like: 7 Explosive Ethereum Breakthroughs Powering the Crypto Revolution
