TLDR
Trident plans to raise $500M for a strategic XRP treasury, focusing on yield generation and DeFi integration.
Trident joins Webus and VivoPower in adopting XRP for corporate treasuries, signaling confidence in decentralized finance.
XRP’s role in cross-border payments fuels corporate adoption, with Trident aiming to lead in digital asset integration
Trident, a Nasdaq-listed technology company based in Singapore, has announced a plan to raise up to $500 million for the establishment of a strategic XRP treasury. This initiative marks a bold step into the growing trend of corporate adoption of cryptocurrency, especially focusing on XRP as a long-term strategic asset.
The company aims to integrate blockchain technology more deeply into its financial operations, demonstrating the potential of decentralized financial solutions for capital management.
Trident’s Ambitious XRP Treasury Strategy
Trident’s announcement reveals plans to build one of the first large-scale corporate XRP treasuries. The company intends to use the funds to acquire XRP tokens, which will be held as long-term reserves. These tokens will be deployed with an emphasis on yield generation through staking mechanisms, a process in which digital assets are locked up to earn rewards. Trident’s engagement with the Ripple ecosystem, which uses XRP for faster and more efficient cross-border payments, will be central to this strategy.
CEO Soon Huat Lim expressed his belief in the transformative potential of blockchain technology. He stated that the initiative reflects Trident’s commitment to utilizing digital assets as a key tool in evolving global financial systems.
By establishing this treasury, Trident plans to play a role in advancing decentralized finance (DeFi) and capital allocation strategies. The company’s transparent approach aims to set an example for other public companies to follow.
Collaborative Approach with Institutional Partners
In order to execute the XRP treasury plan, Trident will collaborate with leading crypto foundations and institutional partners. This partnership aims to secure favorable terms for acquiring XRP tokens and ensuring robust infrastructure for managing the assets on-chain.
The company has appointed Chaince Securities LLC as a strategic advisor to guide its efforts, ensuring that all activities comply with current regulations.
The capital to fund the plan will be raised through a mix of equity issuance, strategic placements, and structured financing. Moreover, Trident is in discussions with various institutional partners to solidify these financial structures. These steps indicate the company’s focus on long-term growth and risk management as it enters the increasingly competitive space of corporate digital asset management.
Rollout Timeline and Market Conditions
However, the initial rollout of Trident’s XRP treasury strategy is set for the second half of 2025 as XRP price eyes rally to $27. However, the plan’s execution will depend on market conditions and regulatory compliance. Trident has stated that it will provide updates on the progress of the deployment, including information on governance frameworks and reporting standards. The company aims to maintain transparency in its operations, aligning with the public disclosure practices required of Nasdaq-listed firms.
Concurrently, the company is closely monitoring the regulatory environment, as governments and financial authorities around the world are still developing frameworks for digital asset management. This uncertainty has led many companies to approach cryptocurrency initiatives with caution, but Trident’s efforts reflect a growing belief in the long-term value of decentralized financial systems.
XRP Adoption Among Other Companies
Trident is not the only company turning to XRP as a strategic asset. Other firms, such as Webus International and VivoPower, have also launched initiatives to integrate XRP into their treasury plans.
Webus International, a Chinese transportation solutions provider, has in addition announced a $300 million XRP treasury plan, while VivoPower has allocated $121 million to the digital asset. These companies, along with Trident, highlight a broader trend of adopting blockchain technology and digital currencies as part of corporate financial strategies.
This shift towards integrating XRP into corporate treasuries, as a result,reflects growing confidence in its utility and stability as a digital asset. XRP’s role in facilitating fast, low-cost cross-border payments has made it an attractive option for companies looking to streamline financial operations and tap into the potential of decentralized finance.
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