{"id":31781,"date":"2025-06-13T17:16:41","date_gmt":"2025-06-13T17:16:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31781"},"modified":"2025-06-13T17:16:41","modified_gmt":"2025-06-13T17:16:41","slug":"500-million-xrp-power-play-singapore-giant-plans-massive-treasury-move","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31781","title":{"rendered":"$500 Million XRP Power Play: Singapore Giant Plans Massive Treasury Move"},"content":{"rendered":"<div>\n<p>According to reports, Trident Digital Tech Holdings Ltd, a Singapore-based firm listed on Nasdaq, plans to raise up to $500 million to build one of the first <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/06\/12\/3098438\/0\/en\/Trident-Announces-up-to-500-Million-Financing-Plan-for-XRP-Treasury-and-appoints-Chaince-Securities-LLC-as-the-strategic-advisor.html\" target=\"_blank\" rel=\"noopener nofollow\">large-scale XRP treasuries<\/a>. The company aims to kick off the project in the second half of 2025, subject to regulatory clearance and market conditions. It will tap equity sales, strategic investments and structured deals to gather funds.<\/p>\n<h2><strong>Trident\u2019s $500 Million Plan<\/strong><\/h2>\n<p>Trident wants to sell shares and work with big investors. It hopes to snag $500 million. That money will go straight into buying <a href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\" target=\"_blank\" rel=\"noopener nofollow\">XRP<\/a> tokens. Along with that, the company will set up staking to earn extra returns on its stash. Based on reports, talks are already under way with major crypto groups to lock in the best deals.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Singapore-based Trident Digital (NASDAQ: TDTH) plans to raise $500M to establish the world\u2019s first large-scale corporate XRP reserve, involving long-term XRP holding, staking, and deep engagement in the Ripple ecosystem to strengthen its decentralized finance strategy.\u2026<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1933158306614522245?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">June 12, 2025<\/a><\/p>\n<\/blockquote>\n<h2><strong>Building A Corporate Reserve<\/strong><\/h2>\n<p>The goal is to keep XRP as a long-term reserve. Trident\u2019s CEO, Soon Huat Lim, feels that using blockchain tools can modernize how companies handle cash. He has promised clear updates to shareholders at every step. Those updates will follow the strict rules that public firms must meet. This push could show other businesses how to blend new tech with regular finance.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/371pYh7b\/\" width=\"1835\" height=\"884\"><br \/>\n<strong>Joining The Treasury Trend<\/strong><\/p>\n<p>Other firms are doing the same. Webus International, which is also on <a href=\"https:\/\/www.nasdaq.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Nasdaq<\/a> and based in China, filed to set up a $300 million XRP fund. It plans to use loans and credit lines rather than issue new shares.<\/p>\n<p>VivoPower International, a sustainable energy group, has already pledged $100 million to buy XRP through a private round of $120 million. Then there\u2019s Wellgistics Health, a US-based drug distributor. It grabbed a $50 million credit line for XRP purchases. Hyperscale Data Inc., via its Ault Capital arm, will add up to $10 million by year-end.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-503326\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/A_f0e4e2.png?resize=688%2C248\" alt=\"\" width=\"688\" height=\"248\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/A_f0e4e2.png?w=688 688w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/A_f0e4e2.png?w=640 640w\" sizes=\"auto, (max-width: 688px) 100vw, 688px\"><\/p>\n<p><strong>Challenges Ahead For Trident<\/strong><\/p>\n<p>Big token buys can shake up the market and push prices higher. There\u2019s also ongoing legal debate over XRP in markets around the world. Investors are watching closely. Trident\u2019s <a href=\"https:\/\/sherwood.news\/crypto\/trident-digital-tech-holdings-plummets-following-announcement-of-usd500\/\" rel=\"nofollow noopener\" target=\"_blank\">stock dipped<\/a> almost 40% after the initial news broke, as some worried about share dilution and token swings.<\/p>\n<p><em>Featured image from Getty Images, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to reports, Trident Digital Tech Holdings Ltd, a Singapore-based firm listed on Nasdaq, plans to raise up to $500 million to build one of the first large-scale XRP treasuries. The company aims to kick off the project in the second half of 2025, subject to regulatory clearance and market conditions. It will tap equity [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31781","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31781"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31781\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}