Nasdaq-Listed Company Unveils $500 Million XRP Treasury Strategy

A Nasdaq-listed tech company based in Singapore, Trident, has announced ambitious plans to create a $500 million XRP treasury fund. These tokens will serve as the company’s long-term reserves, according to CEO Soon Huat Lim, reflecting the firm’s strong belief in blockchain technology’s transformative potential. This plan comes on the heels of similar initiatives from companies like Webus International and VivoPower. 💰 The U.S. Securities and Exchange Commission (SEC) recently received a $300 million XRP treasury plan filed by Webus International, highlighting growing interest in this asset.