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SBI Valuations Stick with $45B Ripple Investment Amid XRP Price Weakness

Guavy AI Editorial Team
Instruments
XRP
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Japanese financial giant SBI Holdings has valued its Ripple investment at approximately $45 billion, despite recent weakness in XRP's price.

The valuation is based on SBI's first-quarter earnings report, which showed record profits driven by strong performance in its private equity business, including crypto investments.

The company's crypto segment did face some losses due to market conditions, but SBI remains confident and continues to back Ripple as a key partner in blockchain payment solutions across the Asia-Pacific region.

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