SBI Holdings
Japanese financial conglomerate SBI Holdings has submitted a letter of intent to acquire shares in cryptocurrency exchange Bitbank, aiming to make it a consolidated subsidiary. The move supports SBI's expansion in digital assets amid Japan's planned regulatory changes for cryptocurrencies. The deal is subject to due diligence, negotiations, and approvals.
由 AI 报道
Crypto researcher SMQKE interprets a recent SBI Holdings financial report as hinting that the true value of XRP will become clear only after Ripple goes public. The claim stems from SBI's discussion of its 9% stake in Ripple and the valuation of escrowed XRP holdings. However, the report focuses on Ripple's equity rather than XRP's market price directly.