ANOTHER GIANT BETS on XRP!
Trident Digital seeks $500 MILLION for Treasury with #xrp
Is a new race for the asset of #Ripple unleashed?
Trident Digital (TDTH), a technology company listed on Nasdaq and based in Singapore, has announced ambitious plans to raise up to $500 million. The goal is to build what they describe as one of the world's first corporate treasuries focused exclusively on XRP.
Long-Term Focus: The funds will be used to acquire and hold XRP long-term, implement yield generation strategies through staking, and deepen the company's involvement in the Ripple ecosystem through partnerships with infrastructure and application developers.
Scheduled Launch: Trident plans to deploy this treasury in the second half of 2025, once there is greater regulatory clarity.
Strategic Advisory: Chaince Securities, a U.S.-based firm, will act as strategic advisor for this initiative.