SBI CEO Denies $10B XRP Holdings Claim
SBI Holdings says the reported $10 billion XRP position is inaccurate and misrepresents the company’s exposure.
SBI Holdings CEO Yoshitaka Kitao publicly denied social-media claims that the firm holds $10 billion worth of XRP, saying the figure is inaccurate and misrepresents the company’s exposure to Ripple-related assets [2][1].
The clarification came after viral posts suggested large institutional accumulation of XRP; multiple outlets reported that SBI pushed back on the $10B narrative and sought to correct the record [3][2].
Some reports noted SBI’s stake in Ripple Labs (reported at about 9% by certain outlets) but emphasized that SBI did not confirm holding $10 billion in XRP, per the company’s statements and CEO comments [5][2].
SBI’s rebuttal underscores that claims about large institutional XRP positions should be verified against official company disclosures and CEO statements [2][3].
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Citations
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- 1Ripple News: SBI CEO Denies $10B XRP Holdings ClaimCoinpedia Fintech News• Feb 16, 2026
- 2SBI Holdings says $10B XRP talk is false, here’s what’s realcrypto.news• Feb 16, 2026
- 3Did SBI Holdings Really Buy $10 Billion Worth Of XRP? CEO Reveals The Real FigureBitcoinist• Feb 16, 2026
- 5Japanese Giant Company Clarifies $10 Billion Ripple and XRP Claims! Here’s the TruthBitcoin Sistemi• Feb 16, 2026
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