The chairman and CEO of Japanese financial giant SBI Holdings Inc., Yoshitaka Kitao, has made an extremely bullish prediction about the XRP price and Ripple Labs as a company. As is well-known, Kitao is one of Ripple’s biggest supporters and, remarkably, a former board member of the fintech (replaced by Adam Traidman). In a Japanese speech in front of an audience, Kitao made several statements that are likely to make the XRP community sit up and take notice. According to Kitao, the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) over the classification of XRP as an unregistered security could come to an end as early as the next few weeks. Ripple About To Go Public? In addition, the SBI Holdings CEO stated that he expects XRP prices to rise sharply if the court rules in Ripple’s favor. He sees this as an event that could increase not only the price of XRP, but also its overall acceptance in the digital finance world, saying (translated from Japanese): If t ..
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