Ripple (XRP) cryptocurrency website displayed on Huawei Y6 2018 smartphone. Source: piter2121 - stock.adobe.com

Key Takeaways:

Trident Digital plans to build a $500 million XRP treasury, integrating staking to earn yield and deepen ties with Ripple.
The announcement comes amid a sharp 37.6% drop in Trident’s share price and worsening financials, including a $3.1M net loss and soaring expenses.
The move follows a wave of XRP treasury builds by firms like Webus ($300M), VivoPower ($100M), and Wellgistics Health ($50M).

Trident Digital Tech Holdings, a Web3 firm based in Singapore, has announced plans to create an XRP treasury worth up to $500 million.

The initiative, set for rollout in the second half of 2025 pending market and regulatory conditions, reflects the company’s belief in blockchain’s potential for capital allocation and cross-border value transfer.

🚨XRP TO GET $500M TREASURY BOOST!

Nasdaq-listed Trident Digital is raising up to $500 million to build one of the world’s first XRP-focused corporate treasuries.

Launching in 2025, the initiative includes long-term XRP holdings, staking, and ecosystem integration.⚡️ pic.twitter.com/MvYu5puEF6
— Coin Bureau (@coinbureau) June 12, 2025

Unlike other firms with a passive strategy, Trident aims to stake its XRP holdings to generate yield and engage more actively in the Ripple ecosystem.

The treasury will be funded through stock issuance, strategic placements, and other financial tools.

However, the announcement triggered a 37.6% drop in Trident’s share price.

The company is under financial pressure, having reported a $3.1 million net loss in December 2024, a 91.4% revenue decline, and a 101.3% rise in operational expenses year-over-year.

Trident joins a growing list of companies building XRP reserves, including China’s Webus with a $300 million commitment, VivoPower with $100 million, and Wellgistics Health with $50 million, signaling increasing corporate interest in XRP-based strategies.