SBI Sees Potential in Ripple & R3 Corda Platform Grows in Importance4

SBI Holdings, a massive Japanese financial service provider, thinks that Ripple will be an important part of the global settlement system. The company talked about the rising importance of Ripple, their XRP token and the R3 consortium in its nine-month financial report that was released a few days ago.

At the time of writing, SBI shares are trading at 2,227 JPY, which values the company at more than 500 billion JPY, or well over 4 billion USD. The company offers a range of financial services and was also the first bank to launch a cryptocurrency exchange, in July of last year.

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