Ready for SuperFintechNeoBank? Here’s your first, Japan. This is an entirely under the radar post regarding the actual development and simultaneous announcement of the restructuring to what is now on the way to becoming the SBI Super Fintech NeoBank. 10.30 SBI announces corp. restructuring involving 3 companies: SBI Neobanking System SBI Digitrust SBI Digital Practice Rewind to July 28 SBI announces SBI Digital Practice shifts business focus to Canton and institutional onchain finance. SBI provides specific commentary toward DTCC adoption of Canton for tokenization of U.S. TREASURIES Tokenized. Treasuries. Have you heard that before? Fast Forward to 10.29 SBI announces plans to consolidate trust & digital asset capabilities WITHIN: SBI SHINSEI TRUST BANK Into the Future 12.31: Targeted Merger 12.31: year-end for the US (depending on filing), but it’s FiscalQ3 for Japan. I expect more announcements around this from SBI — many more. They’re not quite as “under the gun” to align legal compliance because they have 5 months to go. — Signals— $XRP DEMAND? Low INFRASTRUCTURE? Moderate to High I predict production announcements w/ the XRPL and $RLUSD. SBI organizing multiple layers WHILE expanding its on-chain finance business: Not fucking around. Acting w/ urgency. Making moves. Notice? No mention of $XRP A16Z. SBI. Investors in Ripple and Canton. What is consistent per usual? What’s not named. That is the pattern.