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SBI CEO Predicts XRP Price Surge and Ripple Labs Going Public After Legal Battle

Yoshitaka Kitao, the chairman and CEO of SBI Holdings, has made optimistic predictions about Ripple Labs and the price of XRP. Kitao believes that the ongoing legal battle between Ripple and the SEC over XRP's classification as an unregistered security could end in the next few weeks.

If the court rules in Ripple's favor, Kitao expects XRP prices to rise significantly and for Ripple Labs to go public. The unsealing of internal SEC Hinman documents in the Ripple case could also lead to a major upswing in XRP's price.

XRP XRP $1.39
-2.9%
XRP SEC
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