Trident Digital Plans $500 Million Fundraise to Launch Institutional XRP Reserve

Trident Digital Moves to Establish $500M XRP Treasury in Bold Corporate Crypto Play

Trident Digital Holdings (TDTH), a Nasdaq-listed tech firm based in Singapore, is seeking to raise $500 million to create one of the world’s first dedicated XRP-based corporate treasuries, marking a notable diversification move in the evolving digital asset landscape.

In its announcement, the company said the planned treasury will support long-duration XRP holdings, on-chain yield strategies, and deeper alignment with Ripple’s ecosystem, including collaborations with infrastructure and application layer developers.

The launch is scheduled for the second half of 2025, pending clarity on global regulatory treatment. The initiative will be guided by Chaince Securities, a U.S.-based strategic advisor, and financed through a combination of equity issuance, private market fundraising, and structured capital tools.

A New Frontier in Digital Treasury Management

Trident’s CEO, Soon Huat Lim, positioned the move as both a strategic hedge and a signal of long-term confidence in the role of blockchain in corporate finance.

“We believe XRP and similar assets will play a foundational role in the next generation of treasury management. Our goal is to build a forward-compatible structure aligned with transparency and governance best practices,” Lim noted.

If successful, the initiative would place Trident among a select group of public companies using crypto — outside of bitcoin — as a core balance sheet asset. While bitcoin has dominated treasury strategies from firms like MicroStrategy and Metaplanet, few have made similar commitments to assets such as XRP.

Trident’s move may serve as a signal for growing institutional comfort with alternative digital reserves, particularly in regions where regulatory frameworks are rapidly evolving.