SBI Doesn't Hold $10B in XRP, CEO Says

utoday02-15

SBI Holdings CEO Yoshitaka Kitao has clarified that the Japanese financial giant does not hold $10 billion in XRP tokens. Still, it owns a massive equity stake in Ripple Labs itself.Equity, not tokens...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2611064061?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-15 08:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2611064061","market":"hk","top_or_hot":-1,"title":"SBI Doesn't Hold $10B in XRP, CEO Says","media":"utoday","content":"<div>\n<p>SBI Holdings CEO Yoshitaka Kitao has clarified that the Japanese financial giant does not hold $10 billion in XRP tokens. Still, it owns a massive equity stake in Ripple Labs itself.Equity, not tokens...</p>\n\n<a href=\"https://u.today/sbi-doesnt-hold-10b-in-xrp-ceo-says\">Source Link</a>\n\n</div>\n","source":"utodaynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SBI Doesn't Hold $10B in XRP, CEO Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSBI Doesn't Hold $10B in XRP, CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-15 08:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://u.today/sbi-doesnt-hold-10b-in-xrp-ceo-says><strong>utoday</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SBI Holdings CEO Yoshitaka Kitao has clarified that the Japanese financial giant does not hold $10 billion in XRP tokens. Still, it owns a massive equity stake in Ripple Labs itself.Equity, not tokens...</p>\n\n<a href=\"https://u.today/sbi-doesnt-hold-10b-in-xrp-ceo-says\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2413665964.HKD","symbol_name":"BNP PARIBAS AQUA \"C\" (HKD) ACC","start_time":0,"source_url":"https://u.today/sbi-doesnt-hold-10b-in-xrp-ceo-says","article_id":"2611064061","we_media_id":null,"thumbnails":[],"rights":{"source":"utodaynews_highlight","url":"https://u.today/sbi-doesnt-hold-10b-in-xrp-ceo-says","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2611064061","pubTimestamp":1771114560,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"In a follow-up tweet, Kitao has explained why he considers the stake a \"hidden asset\" that is not fully reflected in SBI's current book value.\"When it comes to Ripple Lab.'s total valuation, which obviously includes its ecosystem that Ripple has created, that would be enormous. SBI owns more than 9% of that much.\"Recent private market reports and analysis have pegged Ripple Labs' valuation at upwards of $50 billion.If Ripple is valued at $50 billion, SBI’s 9% stake would be worth approximately $4.5 billion on paper today.That said, Kitao appears to believe that Ripple's ecosystem commands a premium far higher than current private metrics show.SBI Holdings has been Ripple’s most staunch ally since 2016. The partnership is deeply structured into both companies' operations.The Coinhako acquisitionOn Friday, SBI announced it is acquiring a majority stake in Coinhako, a regulated cryptocurrency exchange based in Singapore. Coinhako holds a Major Payment Institution license from the Monetary","collect":0,"end_time":0,"defaultTopTitle":"u.today","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2413665964.HKD":"BNP PARIBAS AQUA \"C\" (HKD) ACC","MAS":"马斯科","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU2413666004.HKD":"BNP PARIBAS AQUA \"CRH\" (HKDHDG) INC","LU1721427968.SGD":"BNP PARIBAS AQUA \"CRH\" (SGDHDG) INC","LU1543694498.USD":"法巴水资源基金RH MD Dis","BK4588":"碎股","LU1620156213.USD":"BNP PARIBAS AQUA \"C\" (USD) INC","BK4585":"ETF&股票定投概念","BK4086":"建筑产品","SBI":"Western Asset Intermediate Muni","XRP":"Bitwise XRP ETF","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU1596574779.USD":"BNP PARIBAS AQUA \"C\" (USDHDG) ACC","LU1165135440.EUR":"BNP Paribas Aqua Classic Cap EUR","LU1620156130.USD":"BNP PARIBAS AQUA \"C\" (USD) ACC"},"translate_title":"首席执行官表示，SBI并未持有$10B的XRP","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MAS":1,"XRP":1.5,"SBI":1.5},"content_text":"SBI Holdings CEO Yoshitaka Kitao has clarified that the Japanese financial giant does not hold $10 billion in XRP tokens. Still, it owns a massive equity stake in Ripple Labs itself.Equity, not tokens The discussion began when a user, @strivex_, praised SBI’s recent expansion into Singapore, stating: \"SBI, a major partner of Ripple and holder of $10 billion in #XRP, is growing its presence in Asia...\"Kitao quoted the post to correct the financial details directly.Holding $10 billion in XRP would expose SBI directly to the daily volatility of the token’s price. Instead, holding 9% of Ripple Labs means SBI owns a significant portion of the private company’s equity.A \"hidden asset\"?In a follow-up tweet, Kitao has explained why he considers the stake a \"hidden asset\" that is not fully reflected in SBI's current book value.\"When it comes to Ripple Lab.'s total valuation, which obviously includes its ecosystem that Ripple has created, that would be enormous. SBI owns more than 9% of that much.\"Recent private market reports and analysis have pegged Ripple Labs' valuation at upwards of $50 billion.If Ripple is valued at $50 billion, SBI’s 9% stake would be worth approximately $4.5 billion on paper today.That said, Kitao appears to believe that Ripple's ecosystem commands a premium far higher than current private metrics show.SBI Holdings has been Ripple’s most staunch ally since 2016. The partnership is deeply structured into both companies' operations. The Coinhako acquisitionOn Friday, SBI announced it is acquiring a majority stake in Coinhako, a regulated cryptocurrency exchange based in Singapore. Coinhako holds a Major Payment Institution license from the Monetary Authority of Singapore (MAS). SBI is effectively building a \"corridor\" for digital assets that links Japan and Southeast Asia.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2611064061","isCrawlerRequest":true}