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No Billions from XRP Escrow on SBI’s Books Until Ripple IPO

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No Billions from XRP Escrow on SBI’s Books Until Ripple IPO - Coinedition

Quick Summary:

SBI Holdings, one of Ripple Labs’ longest-standing external shareholders with under 10% equity in Ripple, will not include the XRPs held in escrow by Ripple when valuing its Ripple shares for its corporate books.  In its latest report, SBI’s Business Innovator Group told shareholders that it would wait until Ripple IPO or other similar event […]

The post No Billions from XRP Escrow on SBI’s Books Until Ripple IPO appeared first on Coin Edition.

May 9, SBI Audio, shareholders' presentation (clips).

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Article Details

Author / Journalist: Ikemefula Aruogu

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 17:45:00 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 139 words

Reading Time: 1 minutes read

Sentences: 47 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 28625876

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About Coinedition

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Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

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The story "No Billions from XRP Escrow on SBI’s Books Until Ripple IPO" was covered 11 hours ago by Coinedition, a news publisher based in India.

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  • URL: https://saintseiya.beamstart.com/news/no-billions-from-xrp-escrow-17470732606534

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