Singapore-based Trident Digital Tech Holdings Ltd. (TDTH) is stepping into the spotlight after revealing a bold move to build a large-scale XRP reserve worth $500 million. The company, known for its involvement in technology and digital assets, is looking to establish a corporate treasury focused on Ripple’s native token, XRP.
The strategy includes not only acquiring XRP but also actively staking it to generate yield. This positions Trident as one of the first publicly listed firms to treat XRP as a long-term reserve asset—an approach that echoes the institutional strategies previously adopted for Bitcoin and Ethereum.
Trident plans to raise the funds through a mix of equity issuance, private placements, and structured financing. The company aims to deploy this capital in the second half of 2025, pending regulatory approvals and favorable market conditions.
CEO Soon Huat Lim explained the rationale: “This initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer.”
According to the firm, staking will be a core component of its XRP strategy. Rather than simply holding the asset, Trident wants to generate a yield that will reinforce its treasury’s long-term value. The firm is also exploring deeper collaboration with Ripple’s ecosystem partners.
To support this strategic shift, Trident has brought on Chaince Securities LLC, a U.S.-based FINRA-registered broker-dealer, as a strategic advisor. The advisor will guide the company through the regulatory framework and ensure that all capital deployment plans remain compliant with U.S. securities laws.
This move comes amid a broader trend of institutional interest in XRP. Just recently, Chinese mobility firm Webus disclosed a $300 million plan to build its own XRP treasury. At the same time, VivoPower, another public firm, is pivoting toward a model that centers entirely around XRP asset management.
Sugnum CIO’s recent remarks underline this shift. According to the executive, while Bitcoin and Ethereum remain the primary focus for institutional investors, XRP and Solana are quickly becoming the next tier of assets for portfolio diversification.
Despite the strategic vision behind Trident’s $500 million commitment, the stock market reacted with concern. TDTH shares plummeted by 30.2% at the close of yesterday’s trading session. Although the stock saw a slight pre-market rebound of 0.58%, it has fallen more than 94% over the past year.
Market analysts point to several factors driving this volatility. Geopolitical tensions, particularly in the Middle East, weighed heavily on investor sentiment. The broader crypto market also saw a pullback, with XRP losing 6.1% over the past 24 hours, trading at $2.10 at the time of writing.
This decline is not unique to XRP. The ongoing conflict between Israel and Iran has created market-wide uncertainty, leading to capital flight from riskier assets, including cryptocurrencies and growth tech stocks.
However, there is a potential silver lining for XRP holders. Ripple and the U.S. Securities and Exchange Commission (SEC) recently filed a joint motion to expedite the resolution of their ongoing legal battle. The outcome of this case could have a significant impact on XRP’s regulatory clarity.
If Ripple secures a favorable ruling, analysts expect renewed institutional interest, as regulatory uncertainty has long been a barrier to wider XRP adoption among traditional investors. A resolution may also strengthen Trident’s position, validating its strategic pivot.
What sets Trident apart is not just the scale of the investment, but the model it’s proposing. By integrating staking and strategic engagement with Ripple’s network, Trident is signaling a shift from passive crypto reserves to more dynamic and yield-generating corporate treasuries.
This could pave the way for other publicly traded companies to follow suit. Rather than limiting crypto exposure to Bitcoin or Ethereum, firms may look toward assets like XRP that offer both utility and staking benefits.
While the market remains cautious, Trident’s move has stirred conversations around the evolving role of digital assets in corporate finance. XRP, once seen as a speculative asset, is now being positioned as a foundational element in new-age treasury strategies.
The success of this initiative will depend on multiple factors: regulatory clarity, staking yield performance, and market sentiment around Ripple’s ecosystem. If executed effectively, Trident may not only revive its own fortunes but also influence how digital asset treasuries are structured moving forward.
As XRP continues to carve out its place in the institutional space, Trident’s bet could mark the beginning of a new chapter in crypto-finance convergence.
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