SBI Holdings CEO Yoshitaka Kitao immediately responded to a tweet on X, clarifying the corporate’s place relating to Ripple and XRP. A consumer named Ledger Man (@strivex_) posted inaccurate claims, citing that the Japanese monetary large has invested $10 billion in XRP.
Kitao corrected the consumer within the feedback, clarifying the Japanese conglomerate’s holdings. The CEO confirmed that SBI Holdings has over 9% stake in Ripple Labs, which permits them to develop together with the fintech agency, and revealed that the monetary large doesn’t maintain XRP in any kind.
The correction has eliminated all speculations about SBI Holdings’ investments in Ripple and XRP. “SBI, a serious accomplice of Ripple and holder of $10 billion in XRP, is rising its presence in Asia by the acquisition of Coinhako, a regulated cryptocurrency platform based mostly in Singapore,” wrote Ledger Man.
“Not 10 billion in XRP, however round 9% of Ripple Labs. So our hidden asset could possibly be a lot larger,” wrote SBI Holdings CEO, correcting the tweet. Which means the Japanese monetary large has a major stake within the fintech, offering it with the mandatory funds to enter new marketplaces.
XRP: Ripple Making Blockchain Expertise Go Mainstream within the Monetary World
Ripple is redefining cross-border transactions by bridging conventional monetary strategies with next-generation ones. Whereas the method is sluggish, it has already penetrated the system with ledger-based functioning throughout main banks. Nevertheless, this has nothing to do with its native token XRP, as each are totally different, regardless of being in the identical boat.
XRP is Ripple’s native token that trades within the cryptocurrency market. Institutional giants have taken entry positions by the ETF, which was launched in 2025. Billion-dollar stakes by world particular person monetary giants haven’t invested billions within the main altcoin. Their focus is principally on Ripple’s ledger system to strengthen their cost companies.
