US EditionXRP Treasury News: Nasdaq-Traded Firm Eyes $500M Raise for Ripple Token
- The Singapore-based Nasdaq-listed company Trident Digital plans to secure up to $500 million by the latter half of 2025 to develop one of the first sizable corporate treasuries primarily composed of XRP.
- The initiative is driven by Trident's conviction that digital assets play a crucial role in advancing the global financial system and that blockchain technology can significantly enhance the management of capital and international value exchange.
- Trident intends to raise funds through a combination of stock offerings, targeted capital injections, and complex financial instruments while partnering with crypto foundations, institutional investors, and developers within the Ripple network, with strategic guidance from Chaince Securities LLC.
- CEO Soon Huat Lim highlighted the company’s forward-thinking approach, underscoring their dedication to openness, robust governance practices, and insightful planning as they leverage digital assets to transform the international financial system.
- If realized, Trident's XRP Treasury will be among the pioneering major corporate reserves dedicated to XRP, facilitating sustained holdings, yield generation through staking, and enhanced participation in decentralized finance as corporate interest in digital assets grows.
28 Articles
28 Articles
XRP And Solana Frenzy Sparks Explosive Stock Surges In Micro-Cap Companies
Micro-cap companies like Trident Digital and Addentax are announcing billion-dollar XRP and Solana plans despite having tiny market caps. Analysts, including VanEck’s Matthew Sigel, warn these moves resemble pump-and-dump schemes rather than genuine crypto strategy. Defi Development Corp. surged from $7M to $379M in market cap after a questionable $5B Solana treasury claim. XRP is at the center of a new wave of speculative announcements as tiny,…
Trident Digital Aims to Create World’s Largest Corporate XRP Reserve
Key Insights: Trident Digital to raise $500M for large-scale XRP Treasury. XRP Ledger integrates USDC, enhancing DeFi and financial services. Trident partners with Chaince Securities for strategic XRP initiative. Trident Digital, a Singapore-based technology firm focused on digital optimization and Web 3.0 services, has unveiled a plan to raise up to $500 million for the creation of one of the world’s first large-scale corporate XRP treasuries.…
Trident Targets $500M XRP Reserve in Bold Institutional Crypto Play
Trident, a publicly traded company on Nasdaq, has announced its intention to invest heavily in XRP, aiming to build a strategic $500 million reserve in the digital asset. As institutional appetite for cryptocurrency assets continues to rise, the company stated this move is part of a broader diversification effort intended to capitalize on blockchain-based investment opportunities. According to official statements obtained by Dey There, the initi…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
