Trident Plans to Create a Half-Billion-Dollar XRP Reserve
Date: 2025-06-13 Author: Gabriel Deangelo Categories: BUSINESS
Trident, a Singapore-based company focused on digital technologies and the development of Web 3.0, intends to raise up to $500 million to form a strategic crypto reserve based on the XRP token. According to company representatives, this will be one of the first examples of creating a corporate treasury with an emphasis on XRP as an underlying asset.
Trident plans to use the raised funds for long-term investments in XRP, the introduction of staking for profitability, and strengthening its participation in the Ripple infrastructure. The company is also considering the possibility of partnering with various projects in the decentralized finance sector, which should strengthen its position in the DeFi market.
The initiative will be capitalized through the issue of shares, the placement of strategic assets, and the use of various financial instruments. Chaince Securities LLC will act as a strategic advisor, which gives the project an additional level of trust from institutional investors.
The company has already begun negotiations with large crypto funds and financial institutions about the profitable purchase of XRP and the creation of a reliable infrastructure in the network. The project is scheduled to start in the second half of 2025 and will depend on compliance with regulatory requirements and the state of the market.
Trident emphasizes that, as a public company, it will operate within the framework of strict reporting and corporate governance principles. CEO and Chairman of the Board of Directors of the company Soon Huat Lim said that digital assets, according to Trident, are becoming an integral part of the global financial system. He noted that the creation of a crypto reserve is an example of how businesses can responsibly and strategically participate in the transformation of global finance.
The company promised transparency of all processes and regular reports on the progress of the project, including the management structure and financial indicators that meet the standards of public organizations.
Interest in XRP as a basis for corporate reserves is growing: earlier, the American company Wellgistics Health also announced plans to invest $50 million in a similar reserve. Initiatives of this kind can play an important role in the institutionalization of cryptocurrencies and the development of Web 3.0.
