Nasdaq-listed Trident is also jumping on the XRP wave by becoming the latest company to declare its intention to gain exposure to the second-largest altcoin by market cap. The company plans to raise $500 million as it looks to establish an XRP Treasury.
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06/12 18:27
Just In: Nasdaq-Listed Trident To Raise $500M For
Just In: Nasdaq-Listed Trident To Raise $500M For XRP Treasury Reserve
Trident Digital Tech Holdings Ltd has announced plans to raise $500 million to crate the world's first large-scale XRP Treasury.
- Trident plans to raise up to $500 million to establish one of the world's largest corporate XRP treasuries.
- The company has appointed Chaince Securities LLC as a strategic advisor for this initiative.
- The company will look to acquire XRP tokens as a long-term reserve asset and also deploy staking mechanisms to generate yield.
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