Singapore’s Trident Digital Tech Unveils Plans for $500M XRP Treasury

Singapore-based Trident Digital Tech Holdings announced plans to create a corporate treasury powered by XRP, Ripple’s native token. The initiative is set to roll out in the second half of 2025 and will be one of the largest of its kind, targeting up to $500 million in XRP reserves.

With this step, Trident becomes one of the first publicly listed companies to prioritize XRP over Bitcoin or Ethereum.

XRP as a Strategic Reserve, Not Just an Investment

The company aims to leverage XRP as a yield-generating asset, deploying it through staking mechanisms and integrating deeply with the Ripple ecosystem. 

“As a public company, our commitment to transparency, strong governance, and strategic foresight guides every decision we make,” said Soon Huat Lim, Trident’s Founder and CEO. “This initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer.”

According to Trident, the XRP reserves will serve not just as a store of value, but also as a working asset within decentralized finance. Capital will be raised through a mix of equity issuance, strategic placements, and structured financial instruments. Chaince Securities LLC will act as a strategic advisor to guide the execution of this ambitious plan.

A Sharp Dip Amid Bold Moves

Despite the forward-looking nature of the announcement, investor sentiment initially turned sour. Trident’s stock fell nearly 50% on the day of the news, plunging from $0.39 to below $0.18. The sharp decline signals that while institutional crypto adoption is gaining traction, it still carries significant short-term risk, particularly in public markets.

This kind of volatility is not unusual when companies shift gears toward digital assets. Similar moves by other firms have triggered both surges and slumps, depending on broader sentiment and investor understanding of blockchain fundamentals.

Following Vivopower’s Lead

Trident’s plan closely follows the announcement by Vivopower, another public firm that recently committed $100 million to XRP as part of a partnership with Flare. But where Vivopower is testing the waters, Trident is diving headfirst.

Vivopower’s Executive Chairman Kevin Chin summarized the new trend as:

“It’s no longer enough to simply hold XRP; the duty to our shareholders is to make it productive.”

Trident’s $500 million target dwarfs Vivopower’s initial allocation, suggesting that XRP is moving beyond speculative interest into institutional utility.

Why XRP?

XRP is drawing increased interest from institutions due to its low fees, fast settlement times, and improved legal standing following Ripple’s partial win in the U.S. The token's design, built for cross-border transactions, makes it a natural fit for companies like Trident that operate at the intersection of fintech and infrastructure.

Moreover, Trident’s focus on collaborating with ecosystem partners suggests a deeper strategy: using XRP not just as a reserve asset, but as part of a larger toolkit to enable real-world applications in payments, finance, and beyond.

This move also reinforces Trident’s broader vision of becoming a key player in Web3 transformation. The company’s flagship product, Tridentity, offers blockchain-based identity solutions across emerging markets like Southern Africa. With its experience in decentralized identity and digital optimization, the pivot toward crypto treasury management seems like a natural next step.

According to the company, future updates will cover governance, compliance, and technical milestones in line with public company standards. Discussions are already underway with major crypto foundations and institutions to negotiate token acquisition and infrastructure integration.