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SBI Holdings has officially shut down the rumors about holding $10 billion worth of $XRP . Instead, they clarified what their real bet actually is — and it’s even more strategic.
SBI confirmed it owns a 9% equity stake in Ripple Labs, not just $XRP tokens. With Ripple’s November valuation hitting $40 billion, that puts SBI’s stake at around $3.6 billion on paper. That’s a serious long-term play.
And it doesn’t stop there. Ripple CEO Brad Garlinghouse believes Ripple has the potential to become a $1 trillion crypto powerhouse in the future.
This isn’t just about holding XRP — this is about owning a piece of the company building the infrastructure. Big difference.
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