Trident Digital Tech Unveils $500M XRP Treasury Initiative

Trident to Collaborate with Infrastructure and Application Projects

Trident Digital Tech Holdings Ltd (Nasdaq: TDTH), a Singapore-based leader in technology optimization and Web 3.0 activation, announced on June 12 an initiative to raise up to $500 million to establish one of the world’s first large-scale corporate XRP treasuries. The company has appointed Chaince Securities LLC as its strategic advisor for this pioneering move, which aims to integrate decentralized financial assets into mainstream treasury and capital management.

According to a statement, this step positions Trident at the forefront of evolving blockchain-native financial infrastructure. The initiative will primarily focus on acquiring XRP tokens as long-term strategic reserves, deploying staking mechanisms to generate yield, and actively engaging within the broader Ripple ecosystem. Trident also plans to collaborate with select infrastructure and application projects to further its commitment to decentralized finance.

Trident joins a rapidly expanding cohort of publicly listed companies integrating digital assets into their strategic reserves. This trend was largely pioneered by Strategy, which currently holds more than 580,000 bitcoins. While the majority of the companies have gravitated towards bitcoin ( BTC), a select few have opted for alternative digital assets or altcoins, and Trident notably distinguishes itself as one of the first to strategically prioritize XRP for its corporate treasury.

Soon Huat Lim, Founder and CEO of Trident, emphasized the strategic rationale behind the decision.

“As a public company, our commitment to transparency, strong governance, and strategic foresight guides every decision we make. 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,” Trident stated.

He added that through this initiative, Trident hopes to demonstrate how public companies can responsibly participate in the ongoing development of decentralized finance ( DeFi).

To fund this significant undertaking, Trident will seek capital through a combination of equity issuance, strategic placements, and structured financing instruments. The company said it is currently in discussions with prominent crypto foundations and institutional partners to secure favorable terms for token acquisition and to establish robust on-chain infrastructure.

As per the statement, the initial rollout of the XRP Treasury is slated for the second half of 2025, contingent upon regulatory compliance and prevailing market conditions. Trident has committed to providing regular updates on deployment milestones, governance frameworks, and reporting standards, maintaining full alignment with public company disclosure practices.