XRP News Today: Trident Digital Tech Plans $500 Million XRP Reserve, Aims to Generate Yield Through Staking

Trident Digital Tech Holdings, a Web3 company based in Singapore, has announced its intention to establish an XRP treasury reserve of up to $500 million. This move positions Trident alongside other companies that have recently declared reserves of the Ripple-created cryptocurrency. The company's founder and CEO, Soon Huat Lim, expressed the initiative as a reflection of their belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer. Trident aims to demonstrate how public companies can responsibly participate in the development of decentralized finance through this initiative.

Trident's strategy for its XRP reserves goes beyond a simple buy-and-hold approach. The company plans to generate yield through staking mechanisms and engage deeply within the Ripple ecosystem. The commencement of the XRP reserve is scheduled for the second half of 2025, contingent on regulatory and market conditions. The company's financial performance as of December 2024 showed a net-income loss of $3.1 million, with revenue falling 91.4% year-over-year and operational expenses rising 101.3% over the same period. Trident intends to raise capital for its XRP reserve through stock issuance, strategic placements, and other financing instruments.

Trident's move follows a trend among other companies that have announced plans to start XRP reserves. These include Webus, which will allocate $300 million to the cryptocurrency, VivoPower’s upcoming $100-million XRP-centric reserve, and Wellgistics Health’s $50 million XRP treasury reserve. This trend highlights the growing interest in XRP as a focal point for corporate treasury reserves, joining other top cryptocurrencies like Bitcoin and Solana, which certain companies have been acquiring for months and in some cases years. The Bitcoin corporate treasury reserve trend was started by Strategy, formerly MicroStrategy, in August 2020, with other companies following suit. The Solana treasury reserve has also gained popularity in 2025, with companies like DeFi Development and SOL Strategies acquiring increasing amounts of SOL, betting on the coin’s future success.

Trident Digital Tech Holdings Ltd., a Nasdaq-listed company, has announced an ambitious plan to raise up to $500 million to establish a corporate XRP treasury reserve. This initiative aims to position the company at the forefront of integrating decentralized financial assets into treasury and capital management practices. The funds will be raised through a combination of equity issuance, strategic placements, and structured financing instruments. The company has appointed Chaince Securities LLC as a strategic advisor to facilitate this initiative. Trident's plan involves acquiring XRP tokens as a long-term strategic reserve and deploying staking mechanisms to generate yield. This move aligns with the company's commitment to advancing decentralized finance and strengthening its position within the Ripple ecosystem. The company will collaborate with select infrastructure and application projects to further its goals.

The rollout of the XRP Treasury is planned for the second half of 2025, subject to regulatory compliance and prevailing market conditions. Trident will provide ongoing updates on deployment milestones, governance frameworks, and reporting standards. This initiative marks a significant milestone in the evolution of blockchain-native financial infrastructure, positioning Trident as one of the first public companies to hold XRP as a core treasury asset. The company's strategic move to create a large-scale corporate XRP reserve underscores its belief in the potential of digital assets as key enablers of financial innovation. By engaging deeply with the Ripple ecosystem, Trident aims to leverage the benefits of decentralized finance and contribute to the advancement of this emerging field. This initiative not only highlights Trident's forward-thinking approach but also sets a precedent for other companies considering similar strategies.