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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting steadfast institutional confidence in the future of digital assets, Japan's SBI Holdings reaffirmed its ongoing investment in Ripple, maintaining a stake valued at approximately ¥6.6 trillion ($41.2 billion). This official confirmation comes despite the recent price slump and market weakness of the XRP cryptocurrency, serving as a stabilizing signal for investors amidst current volatility.
According to reports, SBI revealed during its first-quarter earnings call that while its crypto-asset business posted a ¥1.4 billion pre-tax loss due to market sluggishness, the firm emphasized that its Ripple shareholding remains a core valuation driver. Per market data, the broader group saw revenue grow to ¥571.0 billion, with net profit attributable to shareholders rising by 149.9% year-over-year, significantly outperforming its medium-term targets.
Regarding market performance, SBI Holdings (9984.T) stood at 5260 JPY at close July 31, 2026, after reaching a day high of 5322 JPY. Traders are monitoring whether the stock can maintain support above its day low of 5228 JPY as the market processes the group's long-term commitment to the Ripple ecosystem.