SBI Holdings rejected claims that it holds $10 billion worth of XRP, with CEO Yoshitaka Kitao addressing the speculation in a recent post on X. In his statement, Kitao clarified the companyās actual exposure to Ripple-related assets and pushed back against circulating figures.
When it comes to Ripple Lab.'s total valuation which obviously include its ecosystem that Ripple has created,
that would be enormous. SBI owns more
than 9 % of that much.— åå°¾åå (@yoshitaka_kitao) February 15, 2026
The rumors suggested that SBIās stake in Ripple translated into a multibillion-dollar XRP position. However, Kitao indicated that such interpretations were inaccurate, underscoring that SBIās investment structure and valuations had been misrepresented. The clarification matters for investors tracking Ripple-linked holdings and for XRP market participants assessing institutional backing. By directly responding, SBI sought to contain narratives that could distort perceptions of its balance sheet and its relationship with Ripple.
For now, SBI has not announced any change in its partnership or investment stance toward Ripple. Market observers will likely monitor further disclosures or filings for additional detail on the companyās crypto exposure. The episode highlights how quickly valuation assumptions can spread across crypto circles and the need for primary-source confirmation.
Source: Yoshitaka Kitao statement on X.
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