SBI Holdings Invests $200M in XRP Infrastructure, Cementing Its Role as a Core Institutional Asset
Japan’s SBI Holdings has officially crowned XRP as its core digital asset, backing the move with a bold $200 million investment into Evernorth Holdings — a U.S.-based entity formed to build one of the world’s largest public XRP treasuries. This marks a pivotal moment in crypto finance, signaling a shift from speculative hype to institutional-grade adoption.
🔷 Key Highlights from SBI’s XRP Initiative
$200M PIPE Investment: SBI’s funding supports Evernorth’s Nasdaq listing (ticker: XRPN) and its mission to manage a $1 billion XRP portfolio.
Institutional Infrastructure: Evernorth will apply top-tier governance, auditing, and transparency standards, aligning crypto with traditional finance norms.
Ripple Partnership Strengthened: Ripple Labs backs the initiative, providing technical infrastructure for cross-border settlements and enterprise-grade liquidity solutions.
Regulatory Clarity: XRP’s legal status has matured, making it one of the few digital assets suitable for institutional treasuries.
Real Utility Deployment: XRP will be used in lending, DeFi, stablecoin issuance, and cross-border payments — not just held in cold storage.
Transparency Commitment: SBI promises Big Four-level audits and on-chain verification, setting a new benchmark for crypto accountability.
🚀 Why This Matters
SBI’s move isn’t just a financial bet — it’s a strategic blueprint for how banks and asset managers can integrate digital assets into core operations. With XRP trading around $2.52, this initiative reflects growing confidence in crypto’s role as programmable money and a foundational layer for decentralized finance.
The message is clear: institutional crypto adoption is no longer theoretical — it’s happening, and XRP is leading the charge.
