Summary of SBI CEO Kitao’s comments on XRP and Ripple from the Nov 2, 2026 earnings briefing Kitao highlighted the following points: • Building a business ecosystem (28:06–28:38) XRP isn’t just something to hold like Bitcoin. It’s critically important for building a real “business ecosystem” where actual demand is generated through payments and remittances. • Ripple’s value and influence (32:00–32:21) SBI Group holds roughly 9% of Ripple’s shares. He noted that any increase in Ripple’s value directly translates into higher value for the SBI Group. • Evernorth (31:26–31:50) Regarding the XRP treasury company Evernorth, he clarified that the group’s voting rights stand at 36.1%. • Expansion in the U.S. market (58:47–59:12 / 1:14:05) He touched on the regulatory environment for financial infrastructure in the U.S. and the importance of cross-border payments using stablecoins (such as JPYC or dollar-pegged stablecoins). • Future outlook (28:49–29:05 / 57:27–58:47) He reaffirmed the group’s commitment to continuing efforts toward the potential future public listing of XRP and the broader adoption of on-chain finance backed by real demand. Source: SBI Holdings Q2 FY2027 earnings briefing https://t.co/jXsC4j0Znv