Trident Digital Tech Holdings, a Singapore-based Web3 and tech optimization company, has stated plans to raise up to $500 million to establish one of the first large corporate XRP treasuries globally. Chaince Securities LLC has been recruited as the project’s strategic adviser, and the effort is expected to debut in the second half of 2025.
According to the official press release, Trident Digital Tech Holdings (TDTH) aims to establish long-term XRP reserves, generate passive income through staking, and deepen engagement with the Ripple ecosystem. The company also plans to collaborate with prominent DeFi projects to expand its influence in the Web3 sector.
Funding for the $500 million initiative will be secured through equity sales, strategic partnerships, and structured financing. Trident is reportedly in active discussions with crypto foundations and institutional investors to secure favorable terms and long-term support.
Despite the forward-looking announcement, TDTH shares plunged over 30% on Thursday, extending their 12-month decline to more than 95%. Additionally, XRP had a daily decline of more than 5%, closing at $2.12 at the time of posting.
Trident CEO Soon Huat Lim emphasized the transformative role of blockchain in modern finance, stating:
“We see digital assets as key enablers in the evolution of the global financial landscape. Our conviction in the revolutionary potential of blockchain technology for capital allocation and cross-border value transfer is reflected in this endeavor.
The XRP Treasury is expected to launch in the second half of 2025, with Chaince Securities LLC acting as strategic advisor. Trident’s move underscores a growing trend of public companies seeking structured exposure to digital assets while helping to shape the future of decentralized finance.
A growing number of companies are joining the movement to build XRP reserves, signaling a shift in how digital assets are used for corporate treasury management. Chinese AI firm Weebus has announced plans to allocate $300 million toward XRP holdings, while VivoPower is preparing a $100 million reserve. Wellgistics Health is also investing $50 million in XRP, which will further solidify the token’s ascent in institutional portfolios.
This momentum positions XRP alongside Bitcoin and Solana as a leading choice for treasury diversification. While Bitcoin remains the most widely adopted by public firms—most notably MicroStrategy—few tokens have achieved similar traction. XRP’s growing appeal suggests a broader shift in corporate strategy, highlighting its perceived utility in cross-border payments and DeFi integration.
