Yoshitaka Kitao, CEO of Japanese financial group SBI Holdings, answered “yes” when asked whether he still trusts XRP. He was responding to a post from an X user who described the exhaustion of XRP holders and their feeling that Ripple had left them behind. SBI has partnered with Ripple since 2016, owns about 60% of the SBI Ripple Asia joint venture and has launched several XRP-related services, including MoneyTap and SBI Remit. Kitao also said in February 2026 that SBI did not hold $10 billion worth of XRP but owned around 9% of Ripple Labs, adding that Ripple and its ecosystem had an “enormous” valuation; at publication time, XRP was trading at $1.02.
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