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XRP corporate treasury investments near $1 billion as companies embrace blockchain potential


XRP corporate treasury investments near $1 billion as companies embrace blockchain potential

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A growing number of public companies are committing significant funds to XRP treasuries, with total commitments approaching the $1 billion milestone.

The move signals rising institutional interest in integrating blockchain-based assets into corporate financial strategies.

Momentum builds around corporate XRP reserves

On June 12, Singapore-based Web3 firm Trident Digital revealed plans to raise up to $500 million to establish a corporate XRP treasury.

Trident CEO Soon Huat Lim said the move highlights the firm’s confidence in blockchain’s potential to transform capital allocation and enable seamless cross-border value transfers.

Lim added that the effort will serve as an example of how publicly listed firms can engage responsibly in the evolving decentralized finance sector.

Trident plans to deploy its holdings to earn yields through staking and participation in Ripple’s ecosystem.

Meanwhile, Trident’s move adds it to a growing list of corporate firms exploring XRP-focused treasury models.

In May, Webus International unveiled plans to raise $300 million via non-equity financing to support an XRP reserve for its global chauffeur payments network.

Energy solutions firm VivoPower International recently secured $121 million in private funding to build an XRP-centric treasury platform. It has already allocated $100 million in XRP to the Flare Network to diversify its digital asset exposure.

Similarly, US pharmaceutical logistics company Wellgistics obtained a $50 million credit line to fund XRP-related initiatives.

Altogether, these corporate moves have driven the asset’s treasury commitments to $971 million, which is less than $30 million away from the $1 billion threshold.

Ecosystem growth

These developments align with a period of renewed momentum within the XRP ecosystem.

Over the past months, the XRP Ledger has expanded its role as a tokenized real-world assets and stablecoins platform while pursuing upgrades that enhance interoperability with networks such as Ethereum.

Beyond that, institutional adoption of the XRP token is also accelerating. The US Securities and Exchange Commission (SEC) is reviewing multiple spot ETF applications, with firms including Grayscale in the running.

Market analysts suggest these developments could unlock new institutional capital and expand the network’s use cases.

Despite these advancements, XRP’s price has remained range-bound in recent months. According to CryptoSlate data, the digital asset is trading at $2.13 at press time, down 45% from its January peak of $3.80.

The post XRP corporate treasury investments near $1 billion as companies embrace blockchain potential appeared first on CryptoSlate.

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