SBI Holdings’ $200 Million XRP Investment Signals Strong Institutional Confidence

Japanese financial giant SBI Holdings has announced a $200 million commitment to Evernorth, a new investment vehicle aimed at accelerating institutional adoption of XRP. This significant investment underscores growing corporate trust in XRP as a foundational element of global financial infrastructure. Evernorth's ambitious goal to raise over $1 billion for direct XRP market purchases could position it as one of the largest public reserves of the digital asset. The MOVE highlights the increasing institutional interest in XRP and its potential to reshape cross-border payments and financial systems worldwide.

SBI Holdings Commits $200 Million to Boost XRP Institutional Adoption

Japanese financial conglomerate SBI Holdings has pledged $200 million to Evernorth, a new investment vehicle designed to accelerate institutional adoption of XRP. The move signals deepening corporate confidence in Ripple's digital asset as a cornerstone of global financial infrastructure.

Evernorth aims to amass over $1 billion for direct XRP market purchases, potentially creating one of the world's largest public reserves of the cryptocurrency. Beyond mere accumulation, the initiative will deploy XRP across liquidity pools, corporate credit facilities, and decentralized finance applications—transforming the asset from speculative holding to functional financial instrument.

SBI CEO Yoshitaka Kitao frames this as a strategic evolution of the firm's longstanding partnership with Ripple. The investment builds on SBI Ripple Asia's existing cross-border payment solutions, where XRP already plays a pivotal role in Japanese financial pipelines.

XRP Bulls Defend Key $2.40 Level as Market Sentiment Improves

XRP has stabilized at $2.42 after a volatile week that tested both bulls and bears, with price swings between $2.21 and $2.64. The token's ability to hold above the $2.40 Point of Control signals renewed market confidence, reinforced by rebounding open interest in derivatives markets.

Technical indicators show XRP consolidating within a rising channel, with the RSI at 46 suggesting neutral momentum. Key levels to watch include immediate resistance at $2.48 and support at $2.40, with potential upside targets at $2.64 and $2.70 if bullish momentum continues.

The fifth-largest cryptocurrency by market capitalization ($145.25 billion) has demonstrated strong demand at current levels, with $5.13 billion in daily trading volume reflecting active participation. Market structure appears favorable as buyers consistently defend the $2.40 support zone.

Fed's 'Skinny Master Account' Proposal Could Benefit Ripple's RLUSD and XRP

The U.S. Federal Reserve's proposed 'skinny master account' may pave the way for fintech firms like Ripple to directly access national payment systems. This development could integrate RLUSD and XRP liquidity into U.S. financial networks without intermediary banks, marking a significant shift in blockchain-based financial infrastructure.

Ripple's earlier application for a Fed master account aligns with this initiative. The company's RLUSD stablecoin, nearing a $1 billion market cap, stands to gain from enhanced institutional adoption. Meanwhile, Ripple's acquisition of GTreasury signals its ambition to expand blockchain solutions in corporate finance.

Fed Governor Chris Waller emphasized the proposal's focus on maintaining oversight while fostering competition. The limited-access accounts WOULD enable real-time payments through Fed infrastructure, though without lending or interest services.

Could Central Banks Quietly Be Testing XRP For Settlement?

Central banks in Bhutan and Palau have partnered with Ripple to explore CBDC development, though neither has confirmed using the XRP token for live cross-border settlements. Pilot programs in Europe and Asia focus on private networks, leaving the public XRP Ledger untested for now.

The absence of public evidence suggests caution. While Ripple's technology is being evaluated for speed and cost efficiency, central banks appear to prefer controlled environments over open blockchain integration.