NASDAQ-listed company Trident Digital plans to raise $500 million to establish a corporate XRP reserve

BlockBeats News, August 8th, Nasdaq-listed company Trident Digital Tech Holdings (TDTH) announced today that it plans to apply for a stablecoin operational license in multiple African countries to promote the application of RLUSD in the African market. The company also plans to raise $5 billion to establish a corporate XRP reserve pool to enhance integration with the Ripple ecosystem.

The company is currently in initial discussions with regulatory agencies and financial institutions in various countries, and is expected to begin phased deployment in pilot countries by mid-2026.