This case showed that XRP is being listed in public officials' asset disclosure documents alongside stocks, ETFs and cash-like assets. [Photo: Reve AI]

[DigitalToday reporter Jinju Hong] Serving public officials in Australia and the United States reported holding XRP in official asset disclosure documents. In Australia, a federal lawmaker listed XRP as her only cryptocurrency investment. In the United States, a White House official was shown to hold XRP alongside multiple digital assets.

Decrypto, a blockchain media outlet, reported on July 4 local time that asset disclosure documents filed by Australian Labor Party federal lawmaker Sally Sitou (샐리 시투) and Ian Kelly (이안 켈리), director of the White House Situation Room and a presidential special assistant, included XRP.

The most notable difference was the form of holding. Sitou reported "cryptocurrency (Ripple)" held through CoinSpot in the Australian Parliament's Register of Members' Interests. In the disclosed materials, XRP was the only cryptocurrency Sitou held. Other digital assets such as bitcoin (BTC) and ether (ETH) were not included.

Sitou's asset portfolio was centered on traditional financial assets. He reported investments in physical gold through ABC Bullion, along with Australian listed stocks, exchange-traded funds (ETFs) and U.S. stocks. The U.S. holdings included AMD, Meta Platforms, Qualcomm, Costco Wholesale, General Electric (GE), GE Vernova and AECOM. He also disclosed Vanguard ETFs covering Australia, international, Asia and high-growth markets.

By contrast, for Kelly, a White House official, XRP was part of a broader cryptocurrency portfolio. In a public asset disclosure filed after his appointment in January 2025, Kelly reported XRP held in a Coinbase wallet. The disclosure listed the value of XRP in a range of $1,001 to $15,000.

Kelly reported holding several cryptocurrencies in addition to XRP. All digital assets were disclosed only within the same $1,001 to $15,000 range, so the exact quantities held or individual valuations could not be confirmed. He also reported cash-like assets, a mutual-fund-focused retirement account, and prior earned income related to the Republican National Committee and Donald Trump's 2024 presidential campaign.

In both cases, the exact quantity of XRP held or the timing of purchases was not disclosed. Still, it was confirmed that an Australian federal lawmaker and a White House official reported holding XRP through official asset disclosure documents. In particular, Sitou held only XRP as her sole cryptocurrency investment, while Kelly included XRP as one of multiple digital assets.

This case shows that instances are increasing in which XRP is reported in public officials' asset disclosure documents alongside traditional financial assets such as stocks, ETFs, gold and cash-like assets. However, based only on the currently disclosed materials, it is possible to confirm only whether it is held and the asset value range, making it difficult to determine the actual investment scale or the background to the investment.

Keyword

#XRP #CoinSpot #Coinbase #Sally Sitou #Ian Kelly
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