SBI CEO Says Company Does Not Hold $10B in XRP

Published at 2026-02-15 08:30:13

SBI Holdings CEO Yoshitaka Kitao clarified on Feb. 15, 2026 that the Japanese conglomerate does not possess $10 billion worth of XRP tokens, pushing back on circulating reports that suggested a massive corporate stash. Kitao did confirm that SBI maintains a significant equity stake in Ripple Labs, but emphasized that ownership of company shares is distinct from holding token reserves. The denial matters because claims of concentrated token holdings can stoke market volatility and attract regulatory scrutiny. While SBI’s equity position signals a close strategic relationship with Ripple, it does not imply control over XRP supply. Market participants should note the difference and watch for any further disclosures from SBI or Ripple that could affect perceptions of token concentration and regulatory risk.

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