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SBI Holdings confirms a ¥6.6 trillion ($41.2 bn) Ripple holding despite XRP’s recent slump, highlighting a $15 bn remittance milestone and upcoming Japan ETF
SBI Holdings reiterated that it still owns roughly ¥6.6 trillion ($41.2 bn) of Ripple stock even as XRP has been trading lower, underscoring the firm’s long‑term bet on the token’s utility in cross‑border payments【2】.
| At a glance | |
|---|---|
| Ripple stake value | ¥6.6 trillion ($41.2 bn) |
| SBI Remit cumulative volume | ¥2.5 trillion ($15 bn) |
| ODL adoption start | 2021 |
| Market context | XRP price down amid broader crypto slowdown |
During its first‑quarter earnings presentation, SBI disclosed that its Ripple shareholding remains valued at ¥6.6 trillion, a figure it highlighted as a “major strategic asset” despite a “weakness in the cryptocurrency market” that has pressured XRP’s price【2】. The company did not trim the position, signalling confidence in Ripple’s underlying payments technology rather than short‑term token price movements.
SBI’s remittance arm, SBI Remit, reported that total cross‑border transfers have now exceeded ¥2.5 trillion, or more than $15 bn, since its launch—a milestone reached in May 2026【1】. The pace accelerated sharply in the last 17 months, coinciding with the expansion of Ripple’s On‑Demand Liquidity (ODL) service, which uses XRP as a bridge currency. ODL’s cost‑saving claim of cutting liquidity expenses by 60‑70 % is the driver behind the faster growth of XRP‑based corridors versus traditional rails【1】.
Japan’s cabinet recently moved to reclassify XRP and over a hundred other crypto assets as financial instruments under the Financial Instruments and Exchange Act, with implementation slated for fiscal 2027 and the first crypto‑ETF approvals targeted for fiscal 2028【1】. SBI is already developing Japan’s first XRP‑focused ETF in partnership with Franklin Templeton, positioning the group to capture new institutional demand once the regulatory framework is in place.
SBI’s reaffirmation of its massive Ripple stake, coupled with a $15 bn remittance milestone, illustrates that the firm’s confidence rests on the token’s role in real‑world payments rather than its market price. How the upcoming Japanese regulatory changes and ETF launches unfold will determine whether that utility translates into sustained price support for XRP.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Aug 1, 2026 · How we report
SBI Holdings values its Ripple shareholding at ¥6.6 trillion, which is about $41.2 billion.
SBI recorded its strongest first‑quarter results, with revenue of ¥571.0 billion and a pre‑tax profit of ¥225.8 billion, while its crypto asset division posted a ¥1.4 billion pre‑tax loss.
Around 40% of institutions on Ripple’s network settle payments using XRP; the rest use Ripple’s messaging services or its RLUSD stablecoin.
XRP is used as a bridge asset to settle cross‑border bank transfers in seconds, reducing the need for pre‑funded cash in overseas accounts.
Uncertainty surrounding the proposed U.S. Clarity Act, which aims to clarify oversight rules for digital assets, is linked to slower cryptocurrency market activity.