SBI President Pushes for XRP Ledger Support
News By Caroline Amosun Fri, 27/02/2026 - 18:11 SBI President Yoshitaka Kitao is rooting for Ripple’s 2026 plans to boost the growth of the XRP Ledger following the massive $550 million deployment on the ledger. Advertisement
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As Ripple remains committed to fostering the growth of the XRP Ledger ecosystem, its recently released 2026 plans have gained support from the president of SBI Holdings, Yoshitaka Kitao.
On Friday, February 27, Kitao took to X, highlighting major changes coming to the XRP Ledger ecosystem in 2026, following Ripple’s plan to release a more distributed and community-driven funding model.
What's next for XRPL in 2026?
According to a recent report from the renowned blockchain firm, more than $550 million has already been deployed across the XRPL ecosystem since 2017.
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While most of this ecosystem funding has flowed through Ripple-supported initiatives, the firm is planning a major change for 2026. As such, the XRP Ledger will transition to a broader support structure involving independent organizations, regional hubs, venture partners, and community-led programs.
Notably, this move aims to create a healthier environment where builders can access funding through multiple avenues rather than relying on a single source.
AdvertisementFinTech Builder Program set to debut on XRPL
Following the recent report released by Ripple, the firm is planning to launch a new FinTech Builder Program designed to help startups navigate both financial infrastructure and broader development strategies as more traditional fintech firms explore blockchain integration.
With this development, the XRPL ecosystem will evolve from its early-stage support, which has been driven largely by core stakeholders, to a more decentralized growth phase supported by multiple platforms.
While the move has recently become the buzz of the crypto community, it has stirred enthusiasm among the XRP community as they look forward to its impact on XRP’s potential growth.
#XRP Ledger #Ripple News #Yoshitaka Kitao #XRP Advertisement
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