SBI Holdings Values Ripple Stake at 6.6 Trillion Yen Despite XRP Slowdown

U.Today··Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Japanese financial giant SBI Holdings says its stake in Ripple remains worth roughly 6.6 trillion yen, about $45 billion, despite a recent slowdown in XRP's price. The valuation underscores the company's continued confidence in the blockchain firm as regulatory clarity begins to take shape.

Impact on assets 2

Digital Finance & Tokenization▲ · 1 stocks
SBI Holdings Incorporated
8473
▲ PositiveCapitalrelevance

SBI Holdings' stake in Ripple valued at 6.6 trillion yen, showing confidence and potential asset value.

Others▲ · 1 stocks
XRP
XRP-USD
± MixedMonetaryrelevance

Article notes XRP price slowdown but highlights Ripple's valuation and regulatory clarity, mixed impact.

Off-coverage companies 1

Ripple Labs Inc.Private▲ Positive
Regulationrelevance

Regulatory clarity beginning to take shape, positive for Ripple's business outlook.

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