SBI Holds Firm on $41.2B Ripple Stake Amid Market Slump
SBI Holdings, a Japanese financial group, has reaffirmed its commitment to Ripple despite the current slump in XRP prices. In its first-quarter earnings presentation, SBI valued its Ripple shareholding at ¥6.6 trillion, equivalent to about $41.2 billion.
The company stressed that its Ripple stake remains highly valuable and continues to treat it as a major strategic asset within its broader financial portfolio.
SBI has maintained a long relationship with Ripple and has supported XRP-based payment services. It also promotes blockchain settlement systems through its financial subsidiaries and regional partnerships.