RIPPLE UPDATE:

SBI Says XRP in Escrow Won’t Count Toward Valuation Until Ripple IPO, Eyes ¥1 Trillion for Its Crypto Asset Business!

SBI Holdings, one of Japan’s largest financial services groups, has indicated that it will only recognize the valuation of its Ripple shares once the firm goes public or receives an equivalent formal valuation.

As revealed by XRP community figure Eri, the disclosure came as part of SBI’s annual financial report for the year ended March 31, 2025, where the company detailed its crypto asset business ambitions and hinted at explosive growth potential tied to its longstanding investment in Ripple.#SBI #IPOs