Trident Digital Plans $500M XRP Treasury, Pioneering Token Diversification on Corporate Balance Sheets
Trident Digital (Nasdaq: TDTH) is seeking to raise $500 million to build a first-of-its-kind corporate XRP treasury, marking a rare move among publicly listed firms to adopt a digital asset outside of bitcoin as a strategic reserve.
The Singapore-based tech firm said the capital will support XRP acquisition, staking-based yield strategies, and integration with Ripple’s ecosystem through direct partnerships. Launch is expected in the second half of 2025, pending regulatory approval.
Funding will be sourced through a combination of equity issuance, private deals, and structured financing, with Chaince Securities serving as the project’s strategic advisor.
CEO Soon Huat Lim emphasized the firm’s long-term view:
“Our approach reflects the next chapter of capital strategy — one where digital assets enhance governance, liquidity, and adaptability.”
While bitcoin remains the dominant treasury asset among crypto-forward companies, Trident’s initiative could open the door for broader token diversification across institutional balance sheets — especially as regulatory clarity improves and alternative layer-1s gain traction.
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