SBI Confirms $4B Stake Is in Ripple Labs, Not XRP Tokens
Japanese digital-asset firm SBI Holdings publicly refuted claims that it holds billions of XRP, confirming that the roughly $4 billion position is an equity stake in Ripple Labs, not XRP tokens. SBI made the clarification to correct market chatter and avoid misinterpretation of its exposure to the token itself.
The distinction matters because equity ownership in Ripple Labs carries different implications than token holdings: it signals institutional faith in the company rather than influence over circulating XRP supply. The statement should ease some short-term speculation and regulatory questions, offering clearer context for investors weighing Ripple’s corporate backing versus on-chain token dynamics.