Latest verified news about the claim that Ripple is becoming the “Amazon of Finance and how SBI

Group’s president has weighed in:

CoinCentral

U.Today

Ripple Aims To Be Amazon Of Finance With SBI Support And Acquisitions

Ripple to Become 'Amazon of Finance?' SBI President Ends Speculation - U.Today

Yesterday

Yesterday

📌 What’s Happening

1. SBI President officially backs Ripple’s strategic vision

Yoshitaka Kitao, President of SBI Group, publicly endorsed Ripple’s acquisition strategy, signaling strong institutional support.

His backing ends speculation and reinforces that SBI isn’t distancing itself — it’s aligned with Ripple’s goals. �

TradingView

2. Ripple’s “Amazon of Finance” narrative explained

Ripple is spending about $2.45 billion to acquire key financial firms (including Hidden Road, GTreasury, Rail, Palisade) to build an integrated financial platform, which insiders describe as akin to an “Amazon model” for institutional finance.

The idea is to offer one ecosystem for payments, custody, treasury, stablecoins, and prime brokerage — not just scattered products. �

TradingView

3. XRP and RLUSD are core to the ecosystem

Ripple’s XRP token and its stablecoin RLUSD are being woven into these services:

RLUSD is used as collateral in prime brokerage trades.

XRP moves through payment, custody, and treasury modules in the new platform stack. �

TradingView

4. Rumors about AWS/AI partnership clarified

There was speculation Ripple was integrating Amazon’s Bedrock AI at a protocol level.

Multiple sources clarify that the tech is currently used internally (e.g., for analytics) and not altering the XRP Ledger itself. �

TradingView

🌍 Why It Matters

Institutional Credibility: SBI is one of Ripple’s biggest strategic partners in Asia and has been involved with RippleNet, XRP products, and validator operations for years — so its president’s support is significant. �

CoinCentral +1

Ecosystem Expansion: The acquisition spree is meant to build end-to-end financial infrastructure, similar in breadth (if not in exact function) to how Amazon built a broad platform across commerce, logistics, and cloud services. �

U.Today

Stablecoin Role: RLUSD, Ripple’s dollar-pegged stablecoin, is increasingly central to operations — similar to how Amazon leverages AWS internally and externally. �

Crypto Economy

📊 Market Context

Ripple and XRP remain in the news for broader crypto developments, including discussions around legal status changes in the U.S. and capital inflows in other markets — illustrating ongoing ecosystem momentum. �

U.Today#Xrp🔥🔥