Search results for SBI Ripple Asia
Crypto
XRP community on edge after SBI-Solana alliance; crypto lawyer says no bad news for anyone
Japan\'s financial group SBI Holdings has partnered with the Solana Foundation to build an onchain financial market centered in Japan, sparking debate within the XRP community about a possible shift in its relationship with Ripple. The statement did not mention XRP or the XRP Ledger. SBI has been seen as a key Ripple partner. Crypto lawyer Bill Morgan said the news did not need to be overinterpreted and was not negative for anyone.
Crypto
Evernorth steps up Japan push as XRP faces institutional adoption test
Treasury firm Evernorth is stepping into Japan as it accelerates an XRP-based treasury strategy. It opened a Japan-focused X account and began local communication, saying Japan was an early supporter of XRP. The company said it will analyse market moves from its own perspective but will not discuss price. Evernorth is seeking more than $1 billion and plans a Nasdaq listing under the ticker XRPN, with SBI Holdings joining as a $200 million anchor investor.
Crypto
Japan\'s gumi to recast crypto holdings around XRP, aims to be top XRP treasury firm
Japan\'s game and blockchain firm gumi plans to overhaul its digital asset strategy by shifting its cryptocurrency holdings to XRP and aiming to become Japan\'s largest XRP holding and management company. It held about 14 billion yen in crypto as of April 30. The company plans to convert holdings to XRP gradually and may buy more depending on market conditions. It also plans to use covered-call strategies and work closely with SBI Group.
