SBI Holdings finalized its $290 million acquisition of Bitbank on October 1, making Bitbank a wholly owned subsidiary. This deal consolidates one of Japan's busiest XRP trading venues under SBI, which now controls about $6.97 billion in crypto assets and 2.92 million accounts across its group. The acquisition supports SBI's plans to expand stablecoin offerings, including Ripple USD (RLUSD) and a new yen stablecoin, JPYSC. The integration also aims to strengthen SBI's position as Japan's largest crypto exchange operator by assets under custody.
XRP, a key asset linked to SBI's crypto operations, trades at Rp26.919 on Pluang as of Oct 02, 2026 22:51 WIB. The token has seen a positive 1-day change of +1.29%, with a market cap of Rp1.723,01 trillion. Pluang users currently show a buying preference, with 64% of order activity on XRP being buys, reflecting ongoing interest in the asset amid SBI's expansion moves.
On October 1, Solana (SOL) fund net assets reached $1.91 billion, surpassing XRP funds at $1.69 billion. Between September 17 and October 1, Solana funds saw net inflows of $253.98 million over eight consecutive days, outpacing XRP's $83.63 million i...
Solana exchange-traded funds (ETFs) have overtaken XRP ETFs in total net assets, reaching $1.91 billion after eight consecutive days of inflows totaling nearly $254 million. Despite Solana's smaller market capitalization compared to XRP, its ETFs now...
Ripple's stablecoin RLUSD increased its market capitalization by $765.3 million over 90 days, placing it second behind Circle's $915 million gain among stablecoin issuers. RLUSD holds 0.8% of the stablecoin supply, compared to Tether's dominant 61%. ...
The SEC issued a Notice of Effectiveness for Bitwise's XRP ETF registration, confirming it became effective on September 28. This notice is not an approval of a new XRP ETF but an update to paperwork for an existing product trading since November 202...
Ripple's RLUSD stablecoin reserves have reached $2.53 billion, exceeding the circulating supply by about $122.5 million as of September 24. This growth follows a rapid expansion since RLUSD crossed the $2 billion mark in August, making it one of the ...
