$500M XRP Treasury Plan Amid Market Volatility
Singapore-based Web3 firm Trident Digital Tech Holdings has announced plans to create an XRP treasury valued at up to $500 million, signaling its commitment to integrating Ripple’s digital asset into its long-term corporate strategy. The move follows a growing trend among companies adopting XRP reserves as part of their financial infrastructure.
Founder and CEO Soon Huat Lim highlighted blockchain’s transformative potential for capital allocation and cross-border value transfer, stating that Trident aims to actively engage with the Ripple ecosystem and earn yield on its holdings via staking mechanisms.
The XRP treasury is slated to launch in the second half of 2025, pending regulatory approval and market conditions. Despite the strategic announcement, Trident’s shares fell sharply, reflecting investor caution amid broader market uncertainty.
To fund the initiative, the company plans to explore various capital-raising methods, including stock issuance and strategic placements. Trident joins the ranks of other forward-leaning firms like Webus and Vivo Power, which are also building XRP treasuries to position themselves for the future of decentralized finance.
