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Ripple News: SBI CEO Denies $10B XRP Holdings Claim

source-logo  coinpedia.org 16 February 2026 08:13, UTC
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Story Highlights
  • SBI CEO denied claims that company holds $10 billion worth of $XRP tokens directly.

  • SBI Holdings actually owns 9% equity stake in Ripple Labs, not $XRP tokens directly.

  • SBI Ripple partnership continues driving institutional confidence and expanding global $XRP adoption significantly forward.

Ripple news: SBI Holdings CEO Yoshitaka Kitao has stepped in to correct misleading claims that the company holds $10 billion worth of $XRP, clarifying that its real exposure comes from a significant equity stake in Ripple Labs.

His response comes as Ripple’s native token $XRP price is trading around$1.46, and seeing a 4% weekly gain.

Ripple News: SBI CEO Rejects $10B $XRP Holdings Rumor

The confusion started after an X user named Ledger Man praised Ripple-backed SBI Holdings for expanding its crypto presence in Singapore through the acquisition of Coinhako.

However, what truly grabbed attention was the claim that SBI Holdings owns $10 billion worth of $XRP.

Yoshitaka Kitao responded directly to the post and corrected the numbers. He made it clear that SBI does not hold $10 billion in $XRP tokens. Instead, the company owns about a 9% equity stake in Ripple Labs.

Not 💲10 bil. in $XRP.but around 9% of
Ripple Lab. So our hidden asset could be
much bigger,

— 北尾吉孝 (@yoshitaka_kitao) February 15, 2026

This is an important difference. SBI’s exposure is not through direct $XRP holdings, but through its ownership in Ripple itself. The clarification shifts the focus away from token holdings and toward the long-term SBI-Ripple partnership.

SBI’s Current Ripple Holding

Ripple has an important role in cross-border payments and decentralized finance (DeFi). As of now, the company’s valuation is close to $50 billion. This follows a $500 million funding round and its expansion into stablecoins and digital asset custody services.

As per this valuation, SBI’s 9% equity stake in Ripple gives it an estimated exposure of around $4.5 billion.

SBI Ripple Partnership Strengthens Institutional Confidence in $XRP

The SBI Ripple partnership has been one of the strongest collaborations driving $XRP adoption globally. SBI Holdings has actively supported Ripple’s expansion, especially across Asian markets where demand for faster cross-border payments continues to grow.

Kitao also suggested that SBI’s Ripple stake could be more valuable in the future.

As of now, $XRP price is trading around $1.49, reflecting a drop of 6% today, while showing a 4% rise in a week.

coinpedia.org