SBI Holdings CEO Predicts Ripple IPO in the Next Decade
- SBI Holdings CEO Yoshitaka Kitao suggests Ripple could go public by around the year 2038.
- Kitao plans to invest between $626 million and $1.25 billion in Ripple when it goes public.
- SBI Holdings holds approximately a 9% stake in Ripple Labs, making it one of the largest external shareholders.
- Ripple has historically resisted IPO discussions, emphasizing its strong private-market position with a $500 million raise at a $40 billion valuation in late 2025.
Yoshitaka Kitao’s remarks about a potential Ripple IPO have reignited discussions about the company’s future on public exchanges, despite Ripple’s previous reluctance to pursue an IPO due to its robust financial standing.
Kitao’s significant investment plans highlight SBI Holdings’ commitment to Ripple, underscoring their long-standing partnership since co-founding SBI Ripple Asia in pursuit of enhancing cross-border payment services in Asia. (Source)
