SBI Holdings Shuts Down $10 Billion XRP Claims, Reveals Its Real Ripple Bet
SBI Holdings Chairman Yoshitaka Kitao has confirmed that the Japanese monetary providers large holds an fairness stake in Ripple Labs, clarifying hypothesis surrounding the corporate’s publicity to XRP.
The assertion follows latest remarks from Ripple CEO Brad Garlinghouse. He advised the agency has the “alternative” to develop into a $1 trillion firm.
SBI Holdings Chairman Dismisses XRP Rumors
Kitao addressed circulating claims that SBI immediately holds $10 billion value of XRP tokens. He rejected these assertions, clarifying that the agency’s publicity is to not XRP however to Ripple Labs. According to Kitao, SBI owns roughly a 9% stake in Ripple.
“Not $10 bil. in XRP however round 9% of Ripple Lab. So our hidden asset may very well be a lot larger,” he said. “When it involves Ripple Lab’s complete valuation, which clearly contains its ecosystem that Ripple has created, that will be huge. SBI owns greater than 9% of that a lot.”
SBI has been a long-standing strategic partner of Ripple and has supported the growth of blockchain-based fee options throughout Asia by means of joint ventures and monetary infrastructure initiatives.
In November 2025, Ripple’s valuation rose to $40 billion after a $500 million funding round led by funds managed by associates of Fortress Investment Group and associates of Citadel Securities.
Based on that valuation, a 9% stake in Ripple Labs could be value roughly $3.6 billion on paper. However, if Ripple’s valuation had been to extend considerably, notably consistent with Garlinghouse’s long-term $1 trillion ambition, SBI’s fairness stake might rise proportionally in worth.
Ripple CEO Eyes Trillion-Dollar Milestone
During the XRP Community Day on X (previously Twitter), Garlinghouse projected {that a} crypto agency will finally surpass the $1 trillion mark. This might put it in the identical league as main know-how companies equivalent to Nvidia, Apple, Alphabet, and Microsoft.
“There will probably be a trillion-dollar crypto firm. I don’t doubt that for a second. I feel Ripple has the chance, if we do issues nicely in partnership with the general XRP ecosystem, to be that firm, and perhaps there’ll be multiple,” he said.
Garlinghouse emphasised that Ripple aims to be successful. However, its mission goes past company development.
He acknowledged that Ripple’s “purpose for existence is driving success round XRP and the XRP ecosystem.” The govt described XRP as Ripple’s “north star.”
“We will proceed to construct services that prospects love and pays for to make Ripple profitable, nevertheless it’s in service of the general XRP ecosystem,” he added.
These remarks come as XRP continues to face market challenges. BeInCrypto Markets information confirmed that the altcoin has dropped 7.8% over the previous 24 hours. At the time of writing, it traded at $1.47.
Despite Ripple’s strategic deal with XRP, ongoing network developments, and ecosystem expansion, these advances haven’t but resulted in a significant worth breakout.
Over the longer horizon, continued ecosystem development and deeper institutional integration could present stronger help for worth appreciation and broader adoption. Nonetheless, for now, XRP stays largely influenced by broader market conditions.
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