SBI Kitano gives positive answer to XRP trust question... does not reveal purchase plan
Original headlineSBI 기타오, XRP 신뢰 질문에 긍정 답변…매입 계획 안 밝혀
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SBI Holdings CEO Yoshitaka Kitao answered "YES" on X on December 12 when asked whether he trusts XRP, though the one-word reply carried no new token purchase plan or remittance-service expansion. The exchange was reported by U.Today, and the questioner had framed recent weeks as difficult for XRP holders who felt Ripple had neglected them—a single user's view rather than a broad holder consensus. SBI Holdings and Ripple have maintained a business relationship since forming a joint venture in 2016, giving Kitao's endorsement weight as a signal of institutional confidence even without fresh capital commitments. The article disclosed no XRP price, market cap, volume or SBI stake figures, so the market impact rests on sentiment rather than disclosed flows. What to watch next is whether SBI follows the verbal support with concrete XRP purchases or expanded use of Ripple's payment rails.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
SBI Holdings, Yoshitaka Kitao, XRP (XRP), Ripple (XRP)
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