SBI CEO expects Ripple IPO around 2038, plans $626M-$1.25B investment

SBI CEO commits ¥100–200B to Ripple IPO, sees 12-year timeline

SBI CEO Yoshitaka Kitao said he will invest ¥100–200 billion ($626M–$1.25B) when Ripple goes public. He expects an IPO in about 12 years and says Ripple needs to list. Kitao’s remarks echoed across the XRP community.

He spoke at a Tokyo conference, outlining the one-off capital he’s ready to deploy and the long-range timeline. Conference video (timestamp).

The talk revived IPO speculation around Ripple. Bitcoinist coverage.

SBI is a core Ripple backer. It co-founded SBI Ripple Asia and holds about 9% of Ripple Labs. SBI–Ripple history, 9% stake disclosure.

Ripple has resisted IPO chatter. Executives say the company isn’t rushing to public markets. Exec stance, Monica Long in Jan 2026.

Private markets remain open. Ripple raised $500M at a ~$40B valuation in late 2025. Funding round details.

Context for growth: custody, stablecoin infrastructure, and RWA tokenization expanded post-SEC case, which concluded in 2025. SEC case status, Business expansion.