NASDAQ listed company Trident Digital plans to raise $500 million to establish corporate XRP reserves

BlockBeats News: On August 8th, Trident Digital Tech Holdings (TDTH), a Nasdaq listed company, announced plans to apply for stablecoin operating licenses in multiple African countries to promote the application of RLUSD in the African market. The company also plans to raise $500 million to establish an enterprise XRP reserve and strengthen integration with the Ripple ecosystem. The company is currently in preliminary communication with regulatory agencies and financial institutions in various countries, and is expected to carry out phased deployment in pilot countries by mid-2026.