Trident Digital Secures $500M to Establish XRP Treasury

Trident Digital, a Nasdaq-listed company based in Singapore, is raising $500 million to create an XRP treasury. This initiative aims to solidify the firm’s presence within the Ripple ecosystem and possibly shape corporate cryptocurrency adoption as we know it. Led by CEO Soon Huat Lim, Trident Digital has enlisted Chaince Securities LLC for strategic guidance in this endeavor. Their focus is on long-term XRP reserves and yield generation through staking strategies. 💰