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Ripple : SBI Holdings and Russian Banks Partner: How Will Ripple Benefit From This?

Ripple update: SBI Holdings and Russian Banks Partner: How Will Ripple Benefit From This?



The partner of Ripple, Japanese corporation SBI Holdings, reached an agreement with two Russian and Japanese banks. The Russian Direct Investment Fund (RDIF) and the Russian-Japanese Investment Fund are planning to invest in SBS bank, a subsidiary of SBI. This agreement will expand Ripple’s presence in the Asian region. It was signed during a meeting between Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe.

[https://bitnewstoday.com/news/sbi-holdings-and-russian-banks-partner-how-will-ripple-benefit-from-this/](https://bitnewstoday.com/news/sbi-holdings-and-russian-banks-partner-how-will-ripple-benefit-from-this/)




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About Ripple (XRP)



Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.

Author: igorzima

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