Yoshitaka Kitao

SBI Holdings

2026-07-24 05:40:41

SBI CEO Denies $10 Billion XRP Holding Rumor, Says Exposure Comes From Ripple Stake

SBI Holdings CEO Yoshitaka Kitao said the company does not directly own $10 billion in XRP. He said SBI’s actual exposure comes from an equity stake of about 9% in Ripple Labs, which the article estimates at roughly $4.5 billion.

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SBI Holdings

2026-07-23 01:00:14

SBI Rejects $10 Billion XRP Claim, Says Its Real Exposure Is a Roughly 9% Ripple Stake

SBI Holdings said viral claims that it holds $10 billion in XRP are false. The company said its actual exposure comes from owning about 9% of Ripple Labs, not from a massive XRP token position.

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