🚨 Fact Check: No $10B Saudi Sovereign Fund XRP Investment
Rumors are flying, but here’s what’s actually verified:
✅ Confirmed
• Prince Abdulaziz bin Turki Al Saud led a $121M raise via publicly traded VivoPower.
• $100M (~80%) earmarked for an XRP‑centric treasury strategy:
• Accumulating XRP reserves
• Building XRPL‑based infrastructure
• Deploying real‑world XRP utility
❌ Not Confirmed
• No credible evidence that Saudi Arabia’s PIF (sovereign wealth fund) invested $10B into XRP.
• RippleNet adoption by Saudi banks ≠ direct $10B XRP token purchases.
⸻
🔍 Why the $10B Claim Is Misleading:
• Sovereign wealth fund rumors = unverified
• Prince’s $100M private investment = confirmed
• RippleNet tech integration = infrastructure, not token buys
⸻
🧭 Bottom Line
The only confirmed major Saudi-backed XRP move is $100M via VivoPower — not a $10B PIF allocation.
Rumors of a multibillion-dollar sovereign investment remain unsubstantiated speculation.
$XRP
