This Ex-Ripple Board Member Offers XRP As Shareholder Benefit

XRP News: Yoshitaka Kitao, the founder and CEO of Japanese financial services company SBI Group who was until 2021 a board member at Ripple, is offering shareholders with an incentive option of receiving in XRP. The CEO had long been a supporter of XRP and advocated for its potential to become the global standard. In the context of the SEC’s case against Ripple, the company continues to expand its scope of use cases. However, Ripple’s larger goal of becoming an intermediary between all CBDC backed central banks would depend on the outcome of the SEC case.