$500 Million XRP Investment Plan: Trident Digital Aims to Establish XRP Treasury

Trident Digital (TDTH), a Singapore-based technology optimization and Web 3.0 services provider, has unveiled plans to raise up to $500 million to establish a corporate treasury centered on XRP.This initiative places Trident among a growing but still small group of publicly traded companies looking to anchor their treasury strategies around alternative digital assets beyond Bitcoin.Trade Crypto on KrakenAccording to the company, the funds will be used to acquire XRP as a long-term strategic reserve, engage in staking to generate yield, and foster partnerships across the Ripple ecosystem. Trident has appointed U.S.-based Chaince Securities LLC as a strategic advisor to guide the fundraising and implementation efforts.Singapore-based Trident Digital (NASDAQ: TDTH) plans to raise $500M to establish the world’s first large-scale corporate XRP reserve, involving long-term XRP holding, staking, and deep engagement in the Ripple ecosystem to strengthen its decentralized finance strategy.…The capital raise is expected to include a mix of equity issuance, private placements, and structured financial instruments. Trident is actively engaging with institutional investors and crypto foundations to negotiate favorable terms for XRP acquisition and secure reliable on-chain infrastructure.The XRP Treasury’s initial rollout is scheduled for the second half of 2025, pending regulatory approvals and market conditions. Trident emphasized its commitment to transparency and governance, noting that all deployment milestones and treasury operations will adhere to public company disclosure standards.Soon Huat Lim, Trident’s Founder and CEO, positioned the move as a strategic leap into the evolving world of decentralized finance (DeFi):”We see digital assets as key enablers in the evolution of the global financial landscape,” said Lim. “This initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer.”The company’s flagship product, Tridentity, already showcases its blockchain capabilities, offering a secure identity management system designed for enterprise-level authentication. The XRP treasury initiative represents a further expansion of Trident’s ambitions in blockchain integration, aiming to solidify its role in the future of digital finance.Trident’s XRP-centric treasury plan follows a series of recent announcements by other public companies exploring similar strategies.VivoPower raised $121 million through a private capital raise, led by a $100 million investment from Saudi Arabia’s Prince Abdulaziz bin Turki Abdulaziz Al Saud. The initiative, which includes plans to acquire XRP and support XRPL-based DeFi applications, marks one of the first large-scale corporate treasury commitments to XRP.VivoPower is also reshaping its corporate structure, with plans to spin off its legacy operations and install former Ripple board member Adam Traidman as Chairman of its advisory board.AI mobility company Webus has signed a Delegated Digital-Asset Management Agreement with Samara Alpha Management LLC to manage up to $300 million in XRP. Although still in its preparatory phase, the partnership is seen as a structured step toward XRP-backed treasury management. Webus also plans to integrate Ripple’s payment rails into its global chauffeur platform and streamline international ride settlements.Pharmaceutical distributor Wellgistics is taking a utility-first approach, securing a $50 million expandable line of credit to implement an XRP-based treasury reserve and payment system. The company aims to replace traditional wire transfers with near-instant, low-cost cross-border transactions on the XRP Ledger. CEO Brian Norton stated that the initiative is part of a broader challenge to “legacy systems, bloated intermediaries, and slow-moving money.”Get Started on eToroeToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.