Singapore-based digital solutions provider Trident Digital Tech Holdings has unveiled a $500m financing plan to establish a large-scale corporate XRP Treasury.
The initiative enables Trident to integrate decentralised financial assets into treasury management, including appointing Chaince Securities as the strategic advisor.
It aims to acquire XRP tokens as long-term strategic reserves, deploy staking mechanisms for yield generation, and engage deeply within the Ripple ecosystem.
Trident plans to collaborate with select infrastructure and application projects, reinforcing its commitment to advancing decentralised finance.
To support the initiative, the digital solutions provider will raise capital through equity issuance, strategic placements, and structured financing instruments.
Trident founder, chairman, and CEO Soon Huat Lim said: “As a public company, our commitment to transparency, strong governance, and strategic foresight guides every decision we make.
“We see digital assets as key enablers in the evolution of the global financial landscape. This initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer.
“Through this initiative, Trident aims to demonstrate how public companies can thoughtfully and responsibly participate in the ongoing development of decentralised finance.”
Treasury is in discussions with leading crypto foundations and institutional partners to secure favourable token acquisition terms and robust on-chain infrastructure.
The XRP Treasury’s initial rollout is scheduled for the second half of this year, contingent on regulatory compliance and market conditions.
Trident will provide updates on deployment milestones, governance frameworks, and reporting standards, aligning with public company disclosure practices.
It acts as a catalyst for digital transformation in technology optimisation and Web 3.0 activation, providing commercial and technological digital solutions.
Tridentity, the company’s blockchain-based identity solution, provides secure single sign-on authentication across industries, focusing on Southern Africa and other key markets.
Beyond Tridentity, Trident aims to lead in Web 3.0 activation by connecting businesses to a secure technological platform with tailored customer experiences.
