Another Public Company Goes Hard on XRP With $500 Million Treasury Plan - adtechsolutions

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Another Public Company Goes Hard on XRP With $500 Million Treasury Plan



Briefly

  • TRIDent Digital Tech Holdings has published plans for the XRP Treasury up to $ 500 million.
  • The company expects Rolling cash registers later this year.
  • TDTH sections have fallen more than 30% a day, and now more than 94% of the year have been reduced.

TRIDENT for public trading technological services plans to raise up to $ 500 million to build Xrp Treasury, the company posted on Thursday.

A company based in Singapore, which has a blockchain-based identity solution as its leading product and traded on Naddaq as TDTH, also appointed Chaince Securities LLC for a strategic advisor.

“As a public company, our transparency dedication, powerful management and strategic predictions make every decision we make. We see digital property as key initiators in the evolution of the global financial landscape,” the founder of TRIDent, the President and the CEO soon Huat Lim said.

“This initiative reflects our belief in the transformative potential of blockchain technology for the award of capital and cross -border transmission,” he added. “Through this initiative, Trident aims to show that public companies can participate thoughtfully and responsibly in the current development of decentralized finances.”

The XRP ROCTRUT RISHULUS is expected to be held in the second half of 2025, and will be built using multiple capital raising tactics-for the time of capital issues and structured financial instruments.

While Bitcoin is the most popular token in Digital Asset Treasuries, several other public trading companies have released plans for the XRP Treasury recently.

In May, the Wellgistics Health Health Infrastructure Company announced plans for a $ 50 million credit line Get an XRP associated with waves and build a payment infrastructure with an XRP enabled.

Last week, a Chinese travel company webus reservation said Planned to build $ 300 million XRP Treasury. The webus shares were on the day of the announcement, but the Trident shares were not the same.

TDTH shares closed more than 30% on Thursday, and now they have reduced more than 94% in the last year of trading. Meanwhile, XRP was reduced by 3.5% a day at $ 2.20.

A representative for Trent did not immediately respond Decipherptic Request for comment.

Edited Andrew Hayward

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