Singapore's Trident Digital Targets Mammoth $500M Raise to Establish XRP Treasury

Singapore-based Trident Digital (TDTH) is looking to raise up to $500 million to build what it says will be one of the world’s first corporate treasuries centered around XRP.The listed tech firm, which on Nasdaq, said in a press release that the fundraise will support long-term XRP holdings, yield-generating strategies via staking, and deeper involvement in Ripple’s ecosystem through partnerships with infrastructure and application developers.Trident plans to deploy the treasury in the second half of 2025, pending regulatory clarity. U source: https://www.coindesk.com/markets/2025/06/12/singapores-trident-digital-targets-mammoth-500m-raise-to-establish-xrp-treasury