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Nasdaq-listed company Trident Digital plans to raise $500 million to establish a corporate XRP reserve.
On August 8, Nasdaq-listed company Trident Digital Tech Holdings (TDTH) announced today that it plans to apply for stablecoin operating licenses in several African countries to promote the use of RLUSD in the African market. The company also plans to raise $500 million to establish a corporate XRP reserve, strengthening integration with the XRP ecosystem. The company is currently in preliminary discussions with regulatory authorities and Financial Institutions in various countries, and it is expected to begin phased deployment in pilot countries by mid-2026.