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SBI Holdings has pushed back against claims circulating on social media that it holds $10 billion worth of $XRP, clarifying that the figure is inaccurate and misrepresents the company’s actual exposure to Ripple.
- SBI Holdings denied holding $10 billion in $XRP, correcting viral social media claims that overstated its token exposure.
- CEO Yoshitaka Kitao clarified that SBI owns around 9% of Ripple Labs, not a multibillion-dollar stash of $XRP tokens.
- The company described its Ripple equity stake as a potential “hidden asset,” suggesting long-term strategic value rather than direct crypto holdings.
SBI Holdings denies $10B $XRP claims
The confusion appears to have stemmed from a widely shared post stating that SBI, a long-time partner of Ripple, was a “holder of $10 billion in $XRP” while expanding its footprint in Asia through the acquisition of Singapore-based crypto platform Coinhako.
However, SBI Holdings Chairman and CEO Yoshitaka Kitao publicly corrected the claim. In a reply on X, Kitao stated: “Not $10 bil. in $XRP, but around 9% of Ripple Lab. So our hidden asset could be much bigger.”
Not 💲10 bil. in $XRP.but around 9% of
— 北尾吉孝 (@yoshitaka_kitao) February 15, 2026
Ripple Lab. So our hidden asset could be
much bigger,
The clarification makes a key distinction: SBI does not directly hold $10 billion worth of $XRP tokens. Instead, the Japanese financial services giant owns approximately 9% of Ripple Labs, the U.S.-based blockchain payments company closely associated with $XRP.
SBI has been one of Ripple’s most prominent strategic partners in Asia for years, backing joint ventures and promoting the use of Ripple’s cross-border payment solutions across the region. Its equity stake in Ripple Labs represents a corporate investment, not a treasury holding of $XRP tokens.
Kitao’s reference to a “hidden asset” suggests that SBI views its Ripple equity stake as potentially undervalued, particularly if Ripple’s valuation strengthens following regulatory clarity and continued expansion.
The incident shows how quickly misinformation can spread in crypto markets, especially when equity investments and token holdings are conflated. The takeaway is clear: SBI’s exposure to Ripple is significant, but it is tied to ownership in the company itself, not a multibillion-dollar $XRP stockpile.