$XRP News: SBI Holdings Clarifies $10B XRP Rumor — Reveals Strategic $3.6B Ripple Equity Stake
$XRP XRPUSDT (Perp): $1.4923 (-1.6%)
SBI Holdings has officially dismissed rumors claiming it holds $10 billion worth of XRP tokens. Instead, the company clarified its actual position — and it’s a far more strategic move.
SBI confirmed that it owns a 9% equity stake in Ripple Labs, not just XRP tokens. With Ripple’s latest reported valuation reaching $40 billion in November, SBI’s stake is now worth approximately $3.6 billion on paper. This signals a strong long-term investment strategy focused on infrastructure rather than short-term token speculation.
Ripple CEO Brad Garlinghouse has previously stated that Ripple has the potential to grow into a $1 trillion crypto powerhouse, further reinforcing confidence in the company’s long-term vision.
This development highlights a major distinction:
Holding XRP is one thing — owning a significant portion of the company building the blockchain payment infrastructure is another. SBI’s strategy reflects institutional-level positioning in the future of global crypto finance.
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