Trident Digital Soars 9.14% on XRP Reserve Strategy

Generated by AI AgentAinvest Pre-Market Radar
Monday, Jul 14, 2025 5:05 am ET1min read

Trident Digital's stock surged by 9.14% in pre-market trading on July 14, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

Trident Digital Tech Holdings is one of several companies exploring the use of XRP as a reserve asset. The company aims to raise $500 million worth of XRP, reflecting a broader trend among public companies that are increasingly considering XRP for their treasury strategies. This move aligns with Ripple's growing influence over XRP, as the company holds a significant portion of the token's supply and is increasingly seen as an "XRP treasury company."

Ripple's recent stablecoin efforts, including the custody of RLUSD by BNY Mellon, further bolster its push into institutional digital asset services. This strategic move not only enhances Ripple's credibility in the digital asset space but also positions

and other companies to benefit from the growing acceptance of XRP as a reserve asset.

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