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  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
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  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Trident Digital XRP acquisition

Trident Digital XRP acquisition targets $500M XRP buy to build crypto treasury

https://icn.live/wp-content/uploads/2025/06/xrp-tri.mp3
  • by ICN.live
Leila Al-Khatib

Trident Digital XRP acquisition is a bold move as the firm targets a $500 million XRP purchase.

Trident Digital Tech Holdings (TDTH) is pioneering one of the world’s largest corporate XRP treasuries. Their strategic aim is to acquire and stake XRP tokens, generating yield while supporting Ripple’s ecosystem.

The Singapore-based tech company plans to raise funds through equity issuance, private placements, and structured financing. Subject to market conditions and approvals, the XRP deployment is scheduled for the second half of 2025. This strategic investment reflects a deeper belief in blockchain’s future in corporate finance and cross-border transactions.

Despite this vision, TDTH’s stock fell sharply—dropping 30.2% yesterday and down 94.1% over the past year. XRP also saw a 6.1% drop, trading at $2.1, due to broader market volatility and geopolitical tensions, especially the ongoing Israel-Iran conflict.

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Trident Digital XRP acquisition amid market turbulence

The initiative also emphasizes the staking of XRP rather than just holding it in reserves. By generating yield, Trident expects to extract more value from its crypto holdings. Chaince Securities LLC, a U.S.-based FINRA-registered firm, will serve as a strategic advisor. Their role ensures regulatory compliance and optimizes implementation.

Trident is not alone in this crypto pivot. Webus, a Chinese mobility firm, recently committed $300 million to an XRP treasury. VivoPower is also rebranding as the first XRP-centric digital asset company. These institutional movements hint at growing acceptance of XRP in the digital asset space.

Institutional appetite for XRP is rising fast

Sugnum CIO recently remarked that XRP and Solana are becoming top choices after Bitcoin and Ethereum. These trends reflect broader diversification strategies by institutional investors exploring crypto for treasury diversification.

If Ripple’s legal battle with the SEC concludes positively, XRP’s value could rebound. A joint motion filed with the Manhattan District Court may bring resolution soon. Such developments would boost investor confidence and validate corporate strategies like Trident’s.

For now, Trident Digital XRP acquisition sends a clear message: companies are seriously exploring crypto assets not just for speculation but as structured financial instruments.

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What is Trident Digital’s plan with XRP?

Trident Digital Tech Holdings plans to raise $500 million to acquire XRP tokens, creating a large-scale corporate treasury. Rather than just holding, they aim to stake XRP to generate yield. The company sees XRP as a long-term strategic asset and is aligning with the Ripple ecosystem to participate in decentralized finance innovations. The initiative includes partnerships with advisory firms to ensure regulatory compliance and successful implementation.

Why did TDTH stock drop despite the XRP plan?

Despite the ambitious XRP acquisition, TDTH stock dropped over 30% in a single day. The fall is likely due to broader market fears, including geopolitical tensions like the Israel-Iran conflict. Investors may also have concerns about TDTH’s financial health, especially since the stock has plummeted 94% over the past year. Market volatility and skepticism about the risks associated with crypto investments can also influence investor reactions.

How does this impact the Ripple ecosystem?

The XRP acquisition by Trident Digital significantly supports the Ripple ecosystem. It signals institutional confidence in XRP and its underlying ledger technology. Trident plans to engage more deeply with Ripple’s infrastructure, which could lead to increased adoption and staking activity. This engagement may enhance liquidity and network usage, helping XRP solidify its position as a strategic crypto asset for enterprise-level use.

Are other firms building XRP treasuries too?

Yes, Trident isn’t alone. Chinese firm Webus recently announced a $300 million XRP treasury, and VivoPower is pivoting into becoming the first XRP-centric digital asset company. These trends show that institutional interest in XRP is growing, with firms viewing it as a viable addition to digital asset portfolios alongside Bitcoin and Ethereum. This could lead to broader acceptance and increased utility for XRP in the corporate world.

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