SBI Holdings Quietly Builds Ripple Ecosystem in Japan

Japanese financial conglomerate SBI Holdings has solidified its commitment to Ripple’s blockchain technology through a series of strategic initiatives, including international remittances, stablecoin deployment, and non-fungible token (NFT) adoption. These developments were outlined in SBI Group’s May 2025 report, revealing SBI Holdings’ ongoing collaboration with Ripple and outlining new avenues for growth. Notably, SBI holds approximately 9% of Ripple Labs, making it the largest external shareholder.