Singapore-based Trident Digital (TDTH), a Nasdaq-listed tech firm, is aiming to raise up to $500 million to create one of the world’s first corporate treasuries centered on $XRP
The funds will be used for long-term XRP holdings, yield strategies like staking, and deeper integration with Ripple’s ecosystem—including partnerships with infrastructure and app developers. The treasury is set to roll out in the second half of 2025, depending on regulatory clarity.
Trident’s CEO, Soon Huat Lim, called it a bold bet on digital assets becoming a pillar of future finance. U.S.-based Chaince Securities is advising on the project, which will be funded through equity sales, private placements, and structured capital tools.
If it succeeds, Trident’s move would put $XRP
XRP in elite company—joining Bitcoin as one of the few digital assets to feature prominently on corporate balance sheets.