🚨 Fact-Checking: No $10B investment from the Saudi Sovereign Fund in XRP
Rumors are flying, but this is what is actually verified:
✅ Confirmed
• Prince Abdulaziz bin Turki Al Saud led a fundraising of $121M through VivoPower, which is publicly traded.
• $100M (~80%) allocated to an XRP-focused treasury strategy:
• Accumulating XRP reserves
• Building infrastructure based on XRPL
• Deploying real utility of XRP
❌ Not Confirmed
• There is no credible evidence that the Saudi PIF (sovereign fund) invested $10B in XRP.
• The adoption of RippleNet by Saudi banks ≠ direct purchases of XRP tokens for $10B.
⸻
🔍 Why the $10B claim is misleading:
• Rumors of the sovereign fund = unverified
• The private $100M investment from the Prince = confirmed
• The technological integration of RippleNet = infrastructure, not token purchases
⸻
🧭 Conclusion
The only major confirmed move backed by Saudi Arabia in XRP is $100M through VivoPower — not a $10B allocation from the PIF.
Rumors of a sovereign investment of several billion remain as baseless speculations.
