Trident Digital Tech Holdings aims to create the first large-scale corporate XRP treasury, targeting regulatory compliance and strategic partnerships by 2025, amid a significant market response.
Trident Digital Tech Holdings has announced plans to establish the world's first large-scale corporate XRP treasury with a funding target of up to $500 million. The initiative aims to create a strategic reserve of XRP tokens and generate revenue through staking. Initial deployment is scheduled for the second half of 2025, depending on regulatory compliance and market conditions. Following the announcement, Trident's stock fell by 30%, reflecting investor concerns regarding the ambitious plan and market viability.