bitcoinist.com ✍️ SBI Holdings has kept its stake in Ripple Labs off its balance ...

Why Nostr? What is Njump?

bitcoinist.com /

npub1w3…y7t9u

2025-05-12 17:02:39

in reply to nevent1q…djsg

bitcoinist.com (nprofile…le2g)
✍️ SBI Holdings has kept its stake in Ripple Labs off its balance sheet until the US fintech lists its shares or undergoes a comparable third-party appraisal, leaving unrealized profits unrecognised.
👉 SBI Holdings has kept its stake in Ripple Labs off its balance sheet until the US fintech lists its shares or undergoes a comparable third-party appraisal.
👉 The group's private-equity segment, which includes its stake in Ripple Labs, contributed significantly to the profit growth.
👉 SBI's leadership has stated that the value of Ripple's XRP tokens held in escrow will not be included in the corporate value until a clear valuation is determined through an IPO or other means.

#YoshitakaKitao #Tokyo #business

quoting
nevent1q…79vm
bitcoinist.com (nprofile…le2g)

SBI Holdings has told shareholders that the conglomerate’s long-standing stake in Ripple Labs will remain off its balance sheet until the US fintech either lists its shares or undergoes a comparable third-party appraisal, leaving what management calls “an enormous amount of unrealized profit” unrecognised for now. The disclosure appears in the group’s fiscal-year 2024 results […]
https://bitcoinist.com/sbi-explosive-ripple-valuation-ahead-ipo/

Author Public Key

npub1w327wspjcz4p9rtdx3vxzfj827xnsg6jdhgpnel35vls7jc0mdkqpy7t9u

Show more details

Published at

2025-05-12 17:02:39

Kind type

1 Short Text Note

Event JSON

{ "id": "03779e1b5ea63c3faa93a07d43caee6c2c1d362d251ce01fddda0d3708d9f8c0", "pubkey": "7455e74032c0aa128d6d3458612647578d3823526dd019e7f1a33f0f4b0fdb6c", "created_at": 1747069359, "kind": 1, "tags": [ [ "r", "https://bitcoinist.com/sbi-explosive-ripple-valuation-ahead-ipo/" ], [ "subject", "SBI Teases Explosive Ripple Valuation Ahead Of Potential IPO" ], [ "published_at", "1747069238" ], [ "image", "https://bitcoinist.com/wp-content/uploads/2025/05/XRPUSDT_2025-05-12_13-55-19.png?resize=1024%2C453" ], [ "p", "7455e74032c0aa128d6d3458612647578d3823526dd019e7f1a33f0f4b0fdb6c", "wss://articles.layer3.news" ], [ "imeta", "url https://bitcoinist.com/wp-content/uploads/2025/05/XRPUSDT_2025-05-12_13-55-19.png?resize=1024%2C453" ], [ "t", "Yoshitaka Kitao" ], [ "t", "Tokyo" ], [ "t", "business" ], [ "p", "db3fb29b9635039b6b4d12d5be3ad94dcd1d8b155dfe25fa9a996e7687e35da2", "wss://articles.layer3.news" ], [ "e", "8129d89b355989b8fc90852794887592461d9e7b0edab8fc1aa31a7bf8672e51", "wss://articles.layer3.news", "root" ], [ "q", "8129d89b355989b8fc90852794887592461d9e7b0edab8fc1aa31a7bf8672e51", "wss://articles.layer3.news" ] ], "content": "\nnostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqmvlm9xukx5pek66dzt2muwkefhx3mzc4thlzt756n9h8dplrtk3qmxle2g\n✍️ SBI Holdings has kept its stake in Ripple Labs off its balance sheet until the US fintech lists its shares or undergoes a comparable third-party appraisal, leaving unrealized profits unrecognised.\n👉 SBI Holdings has kept its stake in Ripple Labs off its balance sheet until the US fintech lists its shares or undergoes a comparable third-party appraisal.\n👉 The group's private-equity segment, which includes its stake in Ripple Labs, contributed significantly to the profit growth.\n👉 SBI's leadership has stated that the value of Ripple's XRP tokens held in escrow will not be included in the corporate value until a clear valuation is determined through an IPO or other means.\n\n#YoshitakaKitao #Tokyo #business\nnostr:nevent1qvzqqqqqqypzpkelk2devdgrnd456yk4hcadjnwdrk932h07yhaf4xtww6r7xhdzqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqsy5a3xe4txym3lyss5nefzr4jfrpm8nmpmdt3lq65vd8h7r89egs6l79vm \n", "sig": "23e704076f08405bdabc08d008d370f88a8d19597de1f8fbd84bac8298471d868cd31fbd2014bed30414490474b5e13037cc5a613755cc3c9712c6895f2d4585" }