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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The IMF finds stablecoins are increasingly integrating with the U.S. dollar financial plumbing rather than displacing traditional banks, tying crypto payments into existing dollar-based networks. This shift raises fresh regulatory and systemic considerations for policymakers and banks.

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Published at 2026-02-16 04:30:17

Standard Chartered Cuts BTC, ETH, XRP and SOL Price Targets; Flags Near-Term Pullback

Standard Chartered sharply cut its price forecasts, warning bitcoin could slide toward $50,000 and ether to about $1,400 in the coming months before recovering. The bank said the revisions reflect mounting stress across digital assets even as it retains a constructive long-term view.

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Published at 2026-02-16 03:45:13

Hong Kong Unveils Crypto Growth Drive and Stablecoin Licensing

On Feb. 15, 2026 Hong Kong announced a new package of crypto regulations and a stablecoin licensing framework designed to bolster the city's digital-asset sector and attract business.

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Published at 2026-02-16 00:30:13

Apollo Expands Crypto Bet, Eyes Up to 90M Morpho Tokens to Back DeFi Credit

Apollo, the asset manager with more than $900 billion in assets under management, may buy up to 90 million MORPHO tokens as part of a partnership to support the DeFi credit market. The move marks another large institutional signal into decentralized lending.

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Published at 2026-02-15 21:15:13

Morgan Stanley Hires Blockchain Engineers for Ethereum, Polygon, Canton & Hyperledger Integration

Morgan Stanley is recruiting blockchain engineers to lead multi-chain initiatives across Ethereum, Polygon, Canton and Hyperledger with a focus on regulatory compliance, security and interoperability. The hiring push highlights growing institutional effort to bridge public and permissioned ledgers.