INSUBCONTINENT EXCLUSIVE:
Trident Digital Tech Holdings, a Web3 company based in Singapore, said it will start an XRP (XRP) treasury of up to $500 million
initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value
The start of the XRP reserve will occur in the second half of 2025, dependent on regulation and market conditions.On Thursday, the day of
Source: Google FinanceAs of December 2024, the company had a net-income loss of $3.1 million, with its revenue falling 91.4% year-over-year
and its operational expenses rising 101.3% over the same period.Trident plans to raise capital for its XRP reserve through stock issuance,
ReportWith the rise of XRP treasury reserves, the cryptocurrency has become a focal point for other top cryptos such as Bitcoin (BTC) and
Solana (SOL), which certain companies have been hoarding for months and in some cases years.The Bitcoin corporate treasury reserve has been
Strategy, formerly MicroStrategy, started the trend in August 2020, and companies such as Metaplanet and Semler Scientific have since
followed suit.The Solana treasury reserve has grown in popularity in 2025
