Fact Check: No $10B Saudi PIF Investment in XRP

🚫 False Claim: Saudi Arabia’s Public Investment Fund (PIF) invested $10B in XRP.

✅ What’s Verified:

Prince Abdulaziz bin Turki Al Saud backed a $121M raise through VivoPower, a publicly traded company.

Around $100M (80%) is focused on an XRP-based treasury strategy, including:

Accumulating XRP

Building infrastructure on XRPL

Expanding real-world XRP utility

🔍 What’s Not Verified:

No confirmed involvement of Saudi PIF in XRP.

RippleNet adoption by Saudi banks ≠ direct XRP token purchases.

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Why the $10B Story Doesn’t Add Up:

PIF investment claims are unverified rumors.

Prince’s $100M investment is personal and confirmed.

RippleNet integration is about technology, not token buys.

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🧭 Final Take: Only $100M in confirmed Saudi-linked investment is in play — not $10B from the sovereign wealth fund.

Multibillion-dollar XRP investment claims remain pure speculation.

$XRP

#XRP #RippleXRP