XRP Treasury Plans Revealed by Nasdaq-Listed Trident

XRP adoption continues gaining institutional traction as Nasdaq-listed Trident Digital Tech Holdings Ltd unveils a bold strategy to raise up to $500 million to build one of the largest XRP treasuries on record. The Singapore-based technology company recently announced its upcoming plans, underscoring its commitment to integrating XRP into corporate finance infrastructure.

The innovative move positions Trident among a growing cohort of public firms diversifying their treasuries with digital assets. Trident’s intent to establish a long-term holding of XRP signals a strong belief in Ripple’s technology and its relevance in the evolving financial ecosystem.

The initiative doesn’t stop at XRP accumulation. Trident is also planning to stake its holdings to earn passive income, while actively engaging with XRPL projects to further embed itself in blockchain-based financial technologies. These efforts reflect a calculated strategy to align traditional financial operations with decentralized innovation.

To fund the XRP treasury, Trident will leverage multiple capital-raising mechanisms. These include equity offerings, strategic partnership investments, and tailored financial instruments. According to their disclosure, the company is already engaging with leading crypto institutions and financial stakeholders to ensure favorable terms when acquiring and managing XRP reserves. The launch is slated for the latter half of 2025, contingent on market dynamics and regulatory green lights.

Soon Huat Lim, who serves as Chairman, CEO, and Founder of Trident, emphasized that this plan extends beyond financial engineering—it is also a step toward thought leadership in blockchain-enabled corporate finance. Lim asserts that Trident aspires to show how digital assets can be employed responsibly by public companies to enhance transparency and value creation. True to this ethos, the company has pledged regular updates to shareholders and strict adherence to reporting protocols.

Trident’s announcement marks another milestone in a broader wave of corporate XRP adoption, particularly among Nasdaq-listed firms. Just days earlier, Webus International, headquartered in China, announced a $300 million plan to build an XRP-based reserve. Interestingly, Webus aims to raise the capital not through equity issuance but via loans and credit agreements. The company further intends to integrate Ripple’s payment infrastructure into its global operations, enhancing the speed and traceability of cross-border settlements. Additionally, Webus is renewing its partnership with Tongcheng Travel Holdings, moving toward XRP-based payments in the global travel sector.

On a similar path, sustainable energy player VivoPower International committed $100 million from a recent $121 million private round toward establishing its XRP treasury. VivoPower plans to stake the digital asset via the Flare Network, using the earned yields to further expand its reserve capabilities, reflecting a circular investment model within the blockchain finance space.

The healthcare sector is also seeing ripple effects—U.S.-based distributor Wellgistics Health secured a $50 million credit facility to integrate XRP into both treasury operations and healthcare payment processing. This reinforces XRP’s versatility across various industries beyond fintech.

Not to be left out, the data services field has seen similar enthusiasm. Hyperscale Data Inc., through Ault Capital Group, unveiled plans to inject up to $10 million into XRP by the end of the year. The firm sees blockchain as a technical complement to its upcoming product suite and envisions XRP playing a critical role.

Related: Expert Advice: Sell XRP If You’re Confused

Trident’s $500 million treasury goal stands as a landmark in the growing narrative of corporate XRP adoption. As institutional appetite for Ripple’s ecosystem rises, we can expect more firms to follow suit. These moves not only highlight XRP’s perceived stability and utility but also mark a shift in how businesses are rethinking the role of digital assets in long-term financial planning.