SBI Holdings CEO Yoshitaka Kitao directly responded to a tweet on X, clarifying the company’s position regarding Ripple and XRP. A user named Ledger Man (@strivex_) posted inaccurate claims, citing that the Japanese financial giant has invested $10 billion in XRP.
Kitao corrected the user in the comments, clarifying the Japanese conglomerate’s holdings. The CEO confirmed that SBI Holdings has over 9% stake in Ripple Labs, which allows them to grow along with the fintech firm, and revealed that the financial giant does not hold XRP in any form.
The correction has removed all speculations about SBI Holdings’ investments in Ripple and XRP. “SBI, a major partner of Ripple and holder of $10 billion in XRP, is growing its presence in Asia through the acquisition of Coinhako, a regulated cryptocurrency platform based in Singapore,” wrote Ledger Man.
“Not 10 billion in XRP, but around 9% of Ripple Labs. So our hidden asset could be much bigger,” wrote SBI Holdings CEO, correcting the tweet. This means that the Japanese financial giant has a significant stake in the fintech, providing it with the necessary funds to enter new marketplaces.
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XRP: Ripple Making Blockchain Technology Go Mainstream in the Financial World
Ripple is redefining cross-border transactions by bridging traditional financial methods with next-generation ones. While the process is slow, it has already penetrated the system with ledger-based functioning across major banks. However, this has nothing to do with its native token XRP, as both are different, despite being in the same boat.
XRP is Ripple’s native token that trades in the cryptocurrency market. Institutional giants have taken entry positions through the ETF, which was launched in 2025. Billion-dollar stakes by global individual financial giants have not invested billions in the leading altcoin. Their focus is mainly on Ripple’s ledger system to strengthen their payment services.
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