Trident will channel the raised funds into building long-term strategic reserves denominated in XRP, introducing staking mechanisms for yield generation, and actively engaging with the Ripple ecosystem. The company also intends to collaborate with a range of infrastructure and application projects, reinforcing its presence in decentralized finance (DeFi).
Chaince Securities LLC has been appointed as strategic advisor to the initiative. According to the company, capital will be raised via equity issuance, strategic placements, and structured financial instruments. Trident is already negotiating with leading crypto funds and institutional partners to secure favorable conditions for token acquisition and to build robust on-chain infrastructure.
The XRP treasury launch is scheduled for the second half of 2025, contingent on regulatory approval and market conditions. Trident’s management emphasized its commitment to regular public reporting, transparent governance, and adherence to the disclosure standards required of publicly listed companies.
CEO and Chairman Sun Huat Lim commented: “As a public company, we are guided by principles of transparency, effective governance, and strategic foresight. Digital assets are now a key driver of evolution across the global financial landscape. Through this initiative, Trident aims to set a benchmark for how public companies can responsibly and thoughtfully participate in the ongoing development of decentralized finance.”
The move comes amid a broader trend of major firms exploring on-chain reserves and treasury diversification. Notably, U.S.-based Wellgistics Health previously announced a $50 million XRP reserve initiative, signaling growing institutional interest in Ripple’s ecosystem and tokenization of corporate assets.