SBI Officially Confirms Ripple’s Hidden Road Acquisition with XRP, Cash, and Stocks

SBI Holdings, Inc., alongside its subsidiary SBI Ripple Asia Co., Ltd., has issued an official statement confirming Ripple Labs Inc.’s acquisition of Hidden Road. The deal, structured using a combination of cash, XRP, and treasury stock, was announced in a formal press release highlighting the strategic alignment between Ripple and the broader SBI Group. Analysts see this move as potentially transformative for Ripple’s global reach.